African tower company Eaton Towers, today announced they are in the process of expanding their investment in Uganda. According to a statement released by the company, Eaton Towers are set to acquire 400 towers from Warid Telecom Uganda.
This comes on the back of Eaton Towers’ acquisition of 300 towers from Orange Uganda last week. Warid will remain tenants despite Eaton Towers’ ownership.
Eaton Towers CEO Alan Harper said, “We now have a leading position in Uganda, combining the two complementary networks of Orange and Warid, which covers the majority of the population. Building on Eaton’s successful operation in Ghana, Eaton will offer the best service to the telecoms sector in Uganda to improve quality and extend coverage in a cost effective way.
Tower sharing consists of mobile operators placing more than one antenna on a tower to share and cut costs. Tower sharing is the way to go Harper believes.
“Tower sharing is now becoming an essential strategy for African mobile operators with a need to reduce operating costs, reduce capex and offer focus on their core business of providing service for their customers. Eaton will continue to implement our strategy of investing in attractive tower sharing opportunities across Africa.”