Airtel Africa PLC Tower Sales Update (7814C)
25 Febrero 2022 - 1:00AM
UK Regulatory
TIDMAAF
RNS Number : 7814C
Airtel Africa PLC
25 February 2022
Airtel Africa plc
('Airtel Africa', or the 'Group')
Tower Sales Update
London and Lagos, 25 February 2022: On 23 March 2021, Airtel
Africa, a leading provider of telecommunications and mobile money
services, with a presence in 14 countries across Africa, a nnounced
that it had entered into memorandum of understanding agreements for
the potential sale of its tower assets in Chad and Gabon, to Helios
Towers plc ('Helios Towers'), a leading independent
telecommunications infrastructure company in Africa.
Today, Airtel Africa provides the following updates:
-- Gabon : Airtel Africa and Helios Towers have extended their
memorandum of understanding arrangement, with completion still
subject to Helios Towers obtaining a passive infrastructure
licence.
-- Chad : On 24 February 2022, the memorandum of understanding
arrangement relating to tower assets in Chad expired, and Airtel
Africa and Helios Towers mutually agreed that this would not be
renewed.
Airtel Africa will continue to provide further market updates as
and when appropriate.
-ENDS-
Enquiries
Airtel Africa - Investor Relations
Pier Falcione +44 7446 858 280
Morten Singleton +44 7464 830 011
Investor.relations@africa.airtel.com +44 207 493 9315
Hudson Sandler
Nick Lyon
Bertie Berger
airtelafrica@hudsonsandler.com +44 207 796 4133
About Airtel Africa
Airtel Africa is a leading provider of telecommunications and
mobile money services, with a presence in 14 countries in Africa,
primarily in East Africa and Central and West Africa.
Airtel Africa offers an integrated suite of telecommunications
solutions to its subscribers, including mobile voice and data
services as well as mobile money services both nationally and
internationally.
The Group aims to continue providing a simple and intuitive
customer experience through streamlined customer journeys.
www.airtel.africa
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END
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