Etisalat and IHS in Nigeria tower deal

Lagos - The deal, for which no financial value was given, is part of Etisalat's strategy to improve the quality of its network



By Reutersreutersreuters

Published: Tue 11 Aug 2015, 12:00 AM

Last updated: Tue 11 Aug 2015, 9:24 AM

The Nigerian affiliate of Etisalat has completed the transfer of 555 telecom towers to Africa's IHS, the second tranche of a sale and leaseback deal announced last year, the Gulf's biggest telecommunications operator said on Monday.
The deal, for which no financial value was given, is part of Etisalat's strategy to improve the quality of its network and to accelerate the roll-out of 2G, 3G and 4G coverage in Nigeria, Etisalat said in a statement.


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