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Wireless

MTN Group in talks to sell towers in Ghana, Uganda

Friday 1 November 2019 | 09:19 CET | News
MTN Group is in advanced talks to sell stakes in tower assets in Ghana and Uganda worth as much as ZAR 8 billion as it seeks to accelerate a broader disposal plan, Bloomberg reported. MTN plans to exit joint ventures with American Tower Corp, which expanded on the continent with the acquisition of Eaton Towers in May. That will help MTN meet its target of generating ZAR 15 billion in asset sales over three years, MTN said. 

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Categories: Mobile & Wireless
Companies: American Tower / Eaton Towers / IHS / Jumia / Mascom / MTN
Countries: Ghana / Nigeria / Uganda
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