Africa tower operators head for London for summit
TELECOMS| June 15, 2011, 5:29 p.m.
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 organisers of the event say 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.
Michael Di’ Carlo, VP, International Business Development, American Tower Corporation, will launch the towers debate with a visionary keynote speech titled Africa – Vision across the perception-reality. The ensuing panel discussion will also feature Charles Green, CEO, Helios Towers Africa; Terry Rhodes, Co-founder and Director, Eaton Towers, Fabrizio Mambrini, CFO, Cell C and Ashish J. Thakkar, Director, Quippo Mara Infrastructure. Rod Kirwan, Partner and Head of Telecoms at SNR Denton will chair the session.
“ This is a hugely significant session as infrastructure ownership is the critical issue for Africa telecom operators at the moment and bankers are reporting an explosion of deals across the continent,” said Dominic Lowndes, Managing Director, BroadGroup TMT Ventures, the event organiser. “ We are excited to have such a prestigious panel representing all the major tower operators and it will be fascinating to learn about their different strategies for sharing and managing infrastructure.”
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.
Over 35 speakers from the telecom, finance and advisory community, including CEOs, CFOs and global heads of telecom, media and technology will be represented at the conference. Other key sessions include: The Telecom Strategy and Leadership Round Table; The M& A Advisers Panel; Infrastructure Investment Panel and Raising Finance for African Telecoms.
Conference sponsors are Clifford Chance LLP, American Tower, SNR Denton LLP, Mi-Fone, Rand Merchant Bank and Capital MSL.
MORE TELECOMS NEWS
Tigo introduces unified short code for products and servicesTigo Ghana has announced the installation of a world-class IVR (Interactive Voice Response) that will give both its pre-paid and post-paid customers the opportunity to access all its product through a unified short code, 555. Read More
TNM to conduct biggest promotion pay-outTNM will on August 26 splash out over K100 million in its Ufulu@50 Promotion, the biggest payout in a single day in the history of promotions in Malawi. Read More
We don’t patronise fake OEMs, says GloGlobacom has said it does not patronise substandard original equipment manufacturers (OEMs) and telecoms equipment vendors. Read More
Africell DRC waits ‘in vain’ for interconnectionAfricell, which began operations in the DRC in June 2012, has yet to enjoy interconnection. Read More
Telecom Namibia: WACS repairs to start this weekendRepair work on the West Africa Cable System (WACS) off Namibia’s coast is scheduled to start over the weekend, says Telecom Namibia. Read More
MTN Uganda marks 10m subscriber markHaving hit the 10 million subscriber base, MTN Uganda has announced that it is giving out 10 million minutes of free airtime and 100 million MB of data to its customers. Read More
Airtel Malawi launches thematic campaignAirtel Malawi has launched a new thematic campaign dubbed 'Muli Bwanji?' a local language greeting meaning 'How are you?' aimed at depicting the warmth and love that is synonymous with Malawians. Read More
Etisalat commissions flagship Experience Centre in AbujaEtisalat has commissioned a world class flagship Experience Centre in Abuja. Read More
Infrastructure, connectivity key to Africa’s smart citiesInfrastructure and connectivity are key to achieving the Smart City vision, say WSP and Ruckus Wireless. Read More
FEATURED STORYNigeria’s VAS providers ‘on brink of extinction’
WASPAN chief Simon Aderinlola says unless the regulator intervenes, WASPAN may not have anything left to regulate. Kokumo Goodie reports.
BEST READ NEWS
IN DEPTHKenya rolls out e-extension to improve agriculture
In a bid to curb the overwhelmed number of agricultural extension officers in Kenya, the ministry of agriculture is embracing technology with their introduction of E-Extension services, which are aimed at reaching out to over 7 million farmers annually.