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
Etisalat challenges MTN spectrum useEtisalat Nigeria says it has brought a legal action challenging MTN’s use of the 800MHZ spectrum following the acquisition of Visafone. Read More
NewTelco SA extends African footprint with dedicated Kenyan presenceThe Jasco Group has expanded the presence of NewTelco South Africa, a joint venture between the Jasco Group and NewTelco GMBH, into the East African region with a dedicated presence in Kenya. Read More
Facility closure to affect Ondo services, warns MTNMTN Nigeria has warned that the closure of its facilities in Ondo by the state government will negatively impact the quality of service in the state. Read More
Telcos threaten service blackout on states shutting BTSNigeria’s telecoms operators have threatened not to reopen any base transmission station (BTS) that were forcefully shut down by states. Read More
Neglect of CDMA a mistake, says NCC CEOThe Nigeria Communications Commission (NCC) has lamented the comatose state of the CDMA sector of the telecoms industry. Read More
Airtel introduces new UnlimiNet 20 daily bundleAirtel has introduced a new “UnlimiNet 20 bundle”, billed as the most affordable bundled offer for voice, SMS and data on the Airtel network. Read More
Safaricom opens new Narok retail shopSafaricom has set its sights on Narok County as it seeks to provide residents of the rapidly growing town with easier access to its wide range of products and services. Read More
Why we launched Mate 8, M2 Tablet: HuaweiChinese original equipment manufacturer Huawei has said it launched its two new flagship products, Mate 8 and M2 Tablet, to cater for the increasing mobile needs of consumers. Read More
BTCL introduces IPO ChampionsThe BTCL IPO Project Team has introduced BTCL IPO Champions across all BTCL and Barclays Bank branches across Botswana. Read More
FEATURED STORYViber Spreads Good Vibes in Africa with the introduction of public chats
Viber, one of the leading messaging and calling apps with more than 664 million unique users worldwide, has opened its latest social channel ‘Public Chats’ to partners in Africa and the Middle East.
BEST READ NEWS
IN DEPTHPoised for greater heights – Roshi Motman, AfricaCom CEO of the Year Winner
Roshi Motman is not your average CEO. Since taking up the reins as the first female CEO of Tigo Ghana in 2014, she has led the Tigo brand through a remarkable transformation.