MTN mulls South Africa towers sale
MTN Group told Mobile World Live it is mulling the strategic and financial merits of the sale and leaseback of up to half its tower portfolio in home market South Africa, as part of a broader review of its operations.
Airtel Africa explores towers sale
Airtel Africa CEO Raghunath Mandava reportedly outlined plans to sell approximately 4,500 towers in five countries, in a move aimed to narrow down its $3. 5 billion debt and prepare for upcoming bond repayments.
Telecom Italia to sell part of Vodafone tower joint unit
Telecom Italia CEO Luigi Gubitosi told an investor conference the operator would look to sell an unspecified stake in a mobile tower business being created with Vodafone Italy, to tap growing interest in the sector from financiers, Reuters reported.
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