Airtel to sell tower

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Airtel to sell tower assets to American Tower Corporation in Tanzania

Bharti Airtel Monday entered into an agreement with American Tower Corporation for the sale of around 1,350 of its communications towers in Tanzania. Under the agreement, American Tower may acquire up to 100 additional sites currently in development for an additional consideration. Airtel will be the anchor tenant on the portfolio under a lease with a ten-year initial term, the official statement said. “We are extremely pleased to announce our… Read More

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