A comparison of the cost per tower realised by the Etisalat, MTN and Airtel Nigerian tower sales Why American Tower likes Nigeria Which towerco has acquired, or will acquire, towers in which country from Airtel? Who now owns Nigeria’s towers? The last of the dominoes has fallen in the Airtel African tower sale; American Tower has acquired 4,800 towers in Nigeria for US$1.05bn. Congratulations to Airtel on raising over US$2.5bn in the sale of passive infrastructure in Africa, a transaction that has driven Africa’s ‘Big Four’ towercos to scale, and which has seen American Tower complete their first transaction on the continent since 2011. By Kieron Osmotherly, CEO, TowerXchange. kosmotherly@towerxchange.com.
Kieron Osmotherly,
November 25, 2014