Tuesday, July 23, 2024
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Eaton Towers

Eaton Towers plans $350m expansion in Egypt

In an effort to boost its expansion across Africa, starting with Egypt, telecommunications tower company Eaton Towers announced it has raised some $350 million in that effort. The move will allow the company to push out its towers in...

Jimmy Eisenstein named Chairman of Eaton Towers

Eaton Towers, an independent telecom tower company in Africa, has named Jimmy Eisenstein as the new Non-Executive Chairman. Jimmy was co-founder in 1995 of American Tower Corporation, today the world’s most valuable listed tower company, where he was responsible for...

Bharti Airtel to sell 3500 mobile towers to Eaton Towers

Bharti Airtel is set to sell over 3500 of its mobile towers, located in six African countries, to telecommunications tower firm - Eaton Towers. According to Bharti Airtel, the move has been put in place in order to reduce...

ITNewsAfrica’s top ten stories of the week

This week, the ICT market has again underlined the importance of mobility and connectivity to consumers. We have noticed a significant increase in articles about mobile service providers tailoring offerings to address growing requirements in the market – and there is...

Eaton Towers, Telkom Kenya pen 15-year deal

Eaton Towers, a pan-African tower company, has announced that it has signed a deal with Telkom Kenya covering its existing portfolio of over 1,000 towers. The fifteen-year management and leasing deal is focused on both the maintenance of existing sites and...

Eaton Towers secures $60m debt facility for Uganda

Eaton Towers, the African tower ownership and management company, has secured $60m in debt financing from Standard Bank Group, acting through Stanbic Uganda, and the International Finance Corporation (IFC), to build and develop new and existing telecom towers across...

Eaton Towers appoints executive team in Ghana

Eaton Towers, the African telecommunications tower ownership and management company, has appointed Gareth Townley as Managing Director and Adnan Quddus as Chief Financial Officer of its Ghanaian operations. Gareth Townley has over 10 years' experience in African telecoms, including most...

Warid Telecom sells 400 towers

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...

France Telecom sells Ugandan tower network

France Telecom (FT) Orange Uganda, yesterday announced the sale of their wireless tower network in Uganda to Eaton Towers. FT expanded their African footprint in recent months by purchasing majority shares in Egypt’s Mobinil and other subsidiaries such as Orange...

Eaton Towers signs $30 million debt facility in Ghana

Telecommunications giant Eaton Towers has inked a $30 million debt facility in an effort to increase its ability to sell telecom tower location and shared infrastructure facilities to mobile operators. The goal is to work with Ghanaian companies to...
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R500 Million to Expand Broadband in Townships & Rural Areas

This financial year, Vodacom Eastern Cape plans to invest R500 million as part of its larger digital inclusion strategy...
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