Saturday, June 18, 2011

AFRICA TOWERS OPERATORS MEET IN LONDON TO ASSESS BOOM IN TELECOM INFRASTRUCTURE DEALS

Leaders from American Tower, Eaton Towers, Helios Towers Africa and Quippo Infrastructure are meeting to debate the latest strategies for owning and managing telecom infrastructure at the TMT Finance Africa conference in London on June 17.
The panel discussion, Africa Towers – Strategies for Sales and Leaseback , takes place amidst a surge in deals and financing activity as major telecom operators across the continent prepare sales and outsourcing of assets to raise capital for investment into new growth areas. All the major tower operators will feature at the conference which brings together leadership from telecom operators, investors, banks, government regulators and specialist advisers.
……..
Telecom bankers are predicting hundreds of millions of dollars of transactions involving telecom infrastructure sales and sharing in Africa over the next 12 months according to an article in yesterday’s TMT Finance News Alert, the emerging market telecom news service. ““We have never been so busy,” commented one leading telecom banker. “Every major carrier is actively considering strategic options and it is fair to say that almost every one of Africa’s 54 countries has some kind of deal in progress.” Current deals were specifically highlighted in Nigeria, Kenya and Madagascar.
TMT Finance and Investment Africa takes place on June 17 at America Square in the City of London and will feature presentations from industry leaders on the latest investment opportunities and strategies, topical debate and high end networking for deal focused professionals.
Conference sponsors are Clifford Chance LLP, American Tower, SNR Denton LLP, Mi-Fone, Rand Merchant Bank and Capital MSL.


No comments:

Post a Comment