The Federal Capital Territory Administration (FCTA) has finally lifted the suspension order it earlier placed on telecoms masts and towers in Abuja metropolis. The FCTA has therefore asked telecoms operators to commence fresh moves to regularise, update and settle all outstanding bills on their masts and towers to enable them resume installation of masts and...
Ghana’s National Communications Authority (NCA) has initiated a public consultation on revised guidelines for the deployment of communication towers. The purpose of the review is to include emerging industry standards and procedures for the installation of communication towers, facilitate the development of infrastructure to enhance the delivery of quality services and address environmental issues. Interested...
Ghana has initiated its one-month public consultation for input on revised guidelines for the deployment of telecommunications towers. According to the National Communications Authority (NCA), the review will include emerging industry standards and procedures for the installation of communication towers, facilitate the development of infrastructure to enhance the delivery of quality service and address environmental...
Independent telecom infrastructure company Helios Towers has signed an agreement with Senegal’s second largest operator Free Senegal to acquire the mobile operator’s passive infrastructure assets. The deal, which will be fully financed by Helios Towers’ existing cash and debt facilities, is expected to close by Q1 2021 and is subject to customary completion conditions and...
Helios Towers is acquiring the passive infrastructure assets of Senegal’s number two mobile player Free Senegal for US$188.2 million. Through this transaction, Helios Towers will become the largest independent tower infrastructure provider in Senegal with 1,220 sites. Free Senegal is backed by a consortium of investors including Teyliom Group, Sofima and NJJ, a private holding...
American Tower Corporation (ATC) will increase its telecom towers in Nigeria to meet the high demand for connectivity. The company ordered 189 towers from the Indian Salasar Techno Engineering. The market is estimated at $ 2.43 million. The Indian infrastructure company, Salasar Techno Engineering, announced on July 14, 2020 that it has received an order from American...
The Constitutional Court (ConCourt) delivered a blow to Telkom yesterday, dismissing the company’s bid to be allowed to install telecommunications stations – cellphone masts – at locations of its choice without prior approval from local authorities. Telkom approached the ConCourt seeking the interpretation of Section 22 of the Electronic Communications Act. It wanted the court...
Despite having over US$350-million at hand to finance its expansion plans for Africa, telecommunications tower infrastructure company, Helios Towers, has announced that it cannot go ahead with the investment in the light of the ongoing global COVID-19 pandemic that has also hit telecoms markets in Africa. Helios Towers CEO Kash Pandya said the current environment...
Helios Towers’ plans to expand following last year’s London share sale may have been waylaid by the coronavirus outbreak, but the Africa-focused company has US$350-million (R6.6-billion) primed and ready for when deal-making can resume. The telecommunications firm raised funds in an initial public offering in October, with the proceeds earmarked to fund an entry into new...
MTN’s plan to reduce borrowings through asset sales may be hampered by debt at its IHS telecoms tower business. The company said at the end of January that its seeking to raise $4b by selling assets including stakes in IHS and in its Nigerian unit. MTN has already raised about $950mn by selling non-strategic businesses...
