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Vodafone sells towers in New Zealand for $1.1 billion

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Vodafone New Zealand is selling its mobile phone tower assets to investment firms for NZ$1.7 billion (US$1.1 billion). Together with shareholders Infratil and Brookfield Asset...

Vodafone mulls spinning off tower unit

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Vodafone Group CEO Nick Read has laid out plans to merge its infrastructure subsidiary, Vantage Towers with another industry player, as the company pushes...

Vodacom to sell out tower portfolio in South Africa

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Vodacom Group will spin off its South African telecommunications tower portfolio into a separate business and may seek partners for the newly created entity. CEO Shameel...

MTN to hold IPO in Nigeria, sell towers in South Africa

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Africa's leading telecoms operator, MTN Group, has announced plans to offers shares in its Nigerian operations to the public, while plans are also far...

Vodafone sets wheels in motion for tower IPO

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Vodafone Group has kicked off the formal process for a money-spinning IPO of infrastructure business Vantage Towers, with the shares expected to begin trading...

MTN, Vodacom towers vandalized due to 5G-COVID claims

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South Africa’s communications minister,  Stella Ndabeni-Abrahams has slammed a spate of mobile infrastructure vandalism in the country, blaming conspiracy theories connecting 5G and Covid-19...

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