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Dec 19, 2014

Is it true that Bharti Airtel sold over 1100 mobile towers in Zambia, Rwanda to IHS?

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    Dec 19, 2014

    Yes, it is true that on December 15, 2014 Bharti Airtel sold over 1100 telecom towers in Zambia and Rwanda to IHS Holding. Bharti Airtel entered Africa in 2010 with the acquisition of Zain Telecom for about 10.7 billion US dollars. And in November 2014, Airtel sold 4800 communication towers to American Tower Corporation in Nigeria in an effort to cut debt.

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