Towers

PTI secures funding from new investors, plans further expansion

Phoenix Tower international has announced new investment from Blackrock and Grain Management (Grain) that will support its growth by providing critical tower infrastructure to new and existing markets around the world.

Actis to acquire Swiftnet for $355m

Actis has agreed to acquire a 100% stake in Swiftnet, a leading telecom tower portfolio in South Africa, from Telkom for around US$355 million.

TowerCo of Africa Uganda secures US$40m for rural tower expansion

TowerCo of Africa Uganda has secured US$40 million in financing from European development finance partners as part of a 10-year deal.