Eaton Towers $183 million acquisition of 3500 Bharti Airtel towers

27/9/2015
Public acquisition

$ 183 million

Completed

27/9/2015


Overview:

  • Eaton Towers has acquired a portfolio of telecommunications towers from Bharti Airtel for $183 million. 
  • The portfolio includes 3500 towers in six countries including Ghana, Uganda, Kenya and Burkina Faso. 
  • Eaton Towers is a London-based telecommunications company with operations in Ghana, South Africa, Uganda, and Kenya.
  • Bharti Airtel is a New Delhi, India-based international telecommunications company,
  • Moelis acted as financial adviser to Eaton. 

Rani Mehta - Journalist 

Jurisdiction:

Kenya

Deal type:

Public acquisition

Practice area:

M&A

Industry sector:

Technology and telecommunications


Firms:

Party: Bharti Airtel (Seller)


Party: Eaton Towers (Acquirer)


Party: Bharti Airtel (Seller)