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Millicom, a leading provider of fixed and mobile telecommunications services in Latin America, has announced that its subsidiary, the operator Tigo Colombia, has agreed to sell approximately 1100 wireless communications towers to affiliates of investment funds managed by KKR, a leading global investment firm.
Zain Group, a leading telecommunications operator across the Middle East and Africa, has announced that its operation in Iraq has entered into a 15-year agreement to sell and lease back the passive physical infrastructure of its 4,968 tower portfolio in Iraq to TASC Towers Iraq for US$180 million.
Developing Telecoms Newsletter Sign Up Keep up-to-date with the latest telecoms news in emerging markets globally. Subscribe to Developing Telecoms' FREE weekly newsletter. Afghanistan Bosnia and Herzegowina Cook Islands Samoa South Sudan, Republic of Sweden Uruguay Business/Industry/Finance User * Your personal data will not be shared with third parties. Click here to view our privacy policy. 209 More tower deals have been announced in what has become an increasingly busy market for both buyers and sellers. The latest two deals involve American Tower Corporation (ATC) buying in Latin Am...
Following an announcement late last year that it was looking at the strategic and financial merits of a sale and leaseback deal for its tower portfolio, South African operator MTN has been keen to underline the need for a successful bidder to take good care of this asset.