Etisalat Nigeria, IHS ink tower sale, leaseback deal

Thursday 7 August 2014 | 13:00 CET | News
Etisalat Nigeria has announced the sale of 2,136 of its towers to IHS Holding (IHS). The transaction, the first by a major GSM operator in Nigeria, is expected to close later this year. The partnership with IHS is designed to promote network sharing, ensure higher quality, sustain reliable mobile services, lower overall costs and also promote a cleaner environment through reduced diesel usage and increased investments in alternative energy solutions. Over the past 18 months, IHS has installed a large number of alternative energy sites in Nigeria. These investments in addition to further

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Categories: Mobile & Wireless
Companies: Etisalat Nigeria / IHS
Countries: Nigeria
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