IHS Towers has signed and completed the second tranche of the Etisalat Nigeria transaction announced on 7 August 2014.
This portion of the transaction includes the transfer of 555 towers which is in addition to the 2,136 sites transferred on 7 August 2014.
The transaction is part of the broader strategy to drive improvements in the quality of Etisalat’s network performance and to accelerate the roll out of 2G, 3G and 4G coverage throughout Nigeria. This second tranche contains many of Etisalat’s strategically important sites, requiring the special care and dedication to customer service for which IHS has become synonymous, explained the company.
Following the completion of this transaction, IHS will manage over 15,500 towers in Nigeria and over 23,100 towers throughout Africa. All acquired towers will be connected to IHS’ network operations centres.
Etisalat Nigeria CEO, Matthew Willsher, explained that this transaction will enable the company to increase its network coverage and capacity while providing its over 23 million customers with more innovative solutions.
“At Etisalat, we are focused on satisfying our customers, which is why we partner with the best infrastructure solution providers to reinforce and sustain the quality of our network performance and to accelerate the roll-out of coverage and new services to our customers.” he said.