Bharti Airtel and Eaton Towers have announced an agreement for the divestment of over 3,500 telecoms towers from Airtel to Eaton Towers in six countries across its African operations under a 10-year contract.
Manoj Kohli, chairman at Bharti Airtel International Netherlands BV (BAIN), said: “We are delighted to announce this agreement, which represents the next phase of Airtel’s growth journey in Africa. We are the pioneers and strong proponents of telecoms infrastructure sharing, which results in industry-wide cost efficiencies. The agreement with Eaton Towers is an extension of this philosophy and will lead to far superior utilisation of passive infrastructure and help drive the proliferation of affordable mobile services across Africa.”
Alan Harper, CEO of Eaton Towers added: “This is a transformational deal which gives Eaton Towers the most diversified tower portfolio across Africa. We are proud to be chosen by Airtel as their key partner in these six countries.”