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American Tower to acquire Africa's Eaton Towers for USD 1.85 billion

2019-05-30 15:47:00| Telecompaper Headlines

(Telecompaper) American Tower said it has entered into a definitive agreement to acquire Eaton Towers, which owns and operates about 5,500 communications sites across five African markets. The company also expects to accelerate new build activity across the region due to expanded relationships with multiple key tenants. The total consideration for the transaction, including the company's assumption of existing Eaton Towers debt, is about USD 1.85 billion.

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