Millicom offloads Colombian towers
Developing markets operator Millicom International Cellular, said Monday that its Colombian subsidiary had agreed to sell 2,126 cell towers to America Tower for $182m in cash.
MTN starts up tower sharing firm in Ghana
Pan-African carrier MTN has followed Vodafone’s lead in Ghana, embarking upon a tower sharing venture with specialist firm American Tower Corporation. MTN Ghana and American Tower are to establish a joint venture, TowerCo Ghana, to be 51 per cent held by American and 49 per cent held by MTN, with the operator as the anchor tenant, on commercial terms, on each of the towers being purchased.
Essar sells Indian cell tower unit
Wireless infrastructure operator American Tower Corporation (ATC) said Wednesday it has agreed to acquire a further 4,450 wireless communications sites in India via the purchase of Essar Telecom Infrastructure.
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