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
IHS Towers wins Africa Telecom Infrastructure Company of the Year awardIHS Towers has won the 2016 Africa Telecom Infrastructure Company of the Year Award at Africa’s Information Technology & Telecom Awards (AITTA). Read More
MTN Ghana triumphs with six GITTA awardsMTN Ghana overwhelmed competitors at this year’s Ghana Information Technology and Telecom Awards (GITTA) night when it swept six prestigious awards. Read More
Airtel Ghana CEO named Telecom CEO of the YearLucy Quist, the multiple award winning Managing Director of Airtel Ghana, has been crowned the Telecom CEO of the year at the Ghana ICT and Telecom Awards (GITTA). Read More
CTO chief seeks judicious spectrum valuation by African regulatorsThe Secretary-General of the CTO has advised African telecoms regulators to apportion appropriate value to spectrum. Read More
NCA to review the impact of OTT services on Ghana’s Telecom IndustryThe National Communication Authority (NCA) has said in a statement that it will review the OTT services situation and will in due course take decisions for an enabling regulatory environment that will benefit all stakeholders. Read More
Bharti Airtel announces new MD for UgandaBharti Airtel has announced the appointment of Anwar Soussa as the Managing Director of Airtel Uganda, with effect from 1 June 2016. Read More
Airtel opens new service outlet in LagosAirtel Nigeria, has opened a new service outlet, 'Expo Centre' at 47 Adeola Odeku Street, Victoria Island, Lagos. Read More
Mayor opens new ICT shopHer Worship the Mayor of Francistown has opened the doors of a new ICT initiative in Francistown, in the form of a shop from the country’s leading mobile communications provider, Mascom. Read More
Africell, Airtel on collision course over cableUganda’s Africell is set for a legal battle with Airtel as the two trade accusations over the theft of fibre optic cables. Read More
FEATURED STORYGovernment should encourage youths in ICT early
Youths should be given more encouragement to develop their ICT skills, an 11-year-old app developer told Kokumo Goodie.
BEST READ NEWS
IN DEPTHIBM Opens First Cloud Data Centre in South Africa
IBM is opening a new IBM Cloud Data Centre in Johannesburg, South Africa. The new cloud center is the result of a close collaboration with Gijima and Vodacom and is designed to support cloud adoption and customer demand across the continent.
COMPANY NEWSResolving the data centre disconnect
The disconnect between virtualised applications and physical storage is costing businesses time and money.Separating the attack that matters from the noise
It has almost become the norm for a business to be compromised by a security attack. The emphasis today is thus more on how a business responds ...MTN Business partners SMEasy to give entrepreneurs access to easy accounting solutions
MTN Business, in partnership with online accounting tool SMEasy, today announced the launch of an agile, fit for purpose business management and easy accounting solution for small ...