American Tower Corp has announced it is toacquire Bharti Airtel’s Nigerian towers, marking the firm’s first entrance to the country’s market. Under the deal Airtel will however have a tenancy of the 4,800 towers for at least 10 years.
African tower management specialist IHS Holding (IHS) announced today it has agreed on principle on a joint venture to form a new towers company with operator MTN. Under the deal, which is expected to reduce MTN’s operational cost, boost network efficiency and expand its voice and data capacity, IHS will have full operational control of MTN’s 9,151 mobile network towers in Nigeria.
The African telecoms market has long been a pioneer of cell tower sharing and outsourcing and on Friday operator group Etisalat voted in favour of the model with a proposal to sell 2,136 towers in Nigeria to regional tower management specialist IHS Holding.
African operator group MTN has signed a five-year managed services deal with Swedish kit vendor Ericsson relating to its Nigerian business. Ericsson will take full responsibility for MTN Nigeria’s network management, optimisation and field maintenance in Lagos, Abuja, Enugu, Port Harcourt and Asaba, which represents 75 per cent of the Nigerian network.