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Bharti Airtel Sells its Towers in Africa

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Bharti Airtel earned over USD 1.7 billion by selling its towers in 7 countries in Africa. The company said that tower sales and lease back will continue to remain a strategic priority for Airtel in all its operating countries across Africa and accordingly the balance towers will also be disposed over a period of time.

Bharti Airtel has around 14,000 mobile towers in Africa and has decided to exit the tower business by selling 60% of its towers which is around 8300 towers. Read more

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Sweekar S

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