Airtel Africa Plc has agreed to sell its telecommunication tower assets in Chad and Gabon to Helios Towers Plc.
The company reminded all that the transaction had commenced on March 23, 2021, with the signing of a memorandum of understanding between it and Helios Towers Plc.
In a press release, Airtel Africa Plc said that its memorandum of understanding with Helios Towers for the Gabon Tower has been extended.
It still needs Helios Towers to get a passive infrastructure license before the tower can be finished.
For the Chad tower asset, Airtel Africa stated that its memorandum of understanding has expired and is in the process of renewal.
Who is Helios Tower
How Does This Benefit Airtel Africa
At the end of the statement, Airtel Africa promised to provide more updates as they come.
Airtel Africa is a leading provider of telecommunications and mobile money servi...LEARN MORE
ETranzact was launched in September 2003, since then eTranzact is presently in p...LEARN MORE
Chams PLC is Nigeria’s leading provider of integrated identity management ...LEARN MORE
On May 16, 2001, MTN became the first GSM network to make a call following the g...LEARN MORE
COURTEVILLE BUSINESS SOLUTIONS PLC (“Courteville”), is a foremost Ni...LEARN MORE