Read this article to learn:
- Are Africa’s towercos paying a premium for first mover advantage?
- Comparing the funding, cost of capital, experience, appetite for risk and aggressive bidding of American Tower, Eaton Towers, Helios Towers Africa and IHS Africa
- What comes first, the investment or the bid?
- Do the ‘Big Four’ towercos have the ‘digestive capacity’ to acquire all the towers coming to market in Africa?
Standard Bank is Africa’s largest financial institution with a presence in eighteen countries, offering corporate, investment and retail banking. Standard Bank has had a TMT focus since 1998 and has followed the major operators since then to maturity. Standard Bank was an early stage investor in Celtel. Standard Bank has been financing the tower industry…