Bharti Airtel will sell more infrastructure in Africa to reduce debt and cut capital expenditure on passive infrastructure
Tag: Helios Towers
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Airtel to sell Africa towers
Bharti Airtel is poised to conclude a deal to sell its towers in Africa, which could help the telecom operator rake in as much as $3 billion and help reduce debt. The company has already shortlisted buyers from among four tower companies Helios Towers Africa, IHS, American Tower Corp and Eaton Towers for the sale.