Challenges for African middle-market towercos and Hotspot’s tower sale to IHS

An interview with Hotspot Network Limited COO, Charles Iyoha

Read this article to learn:

  • The origins of Hotspot Network and how they grew their portfolio to 160 sites
  • Issues surrounding taxation and challenging community relations in the Nigerian market
  • The difficulties for a middle-market towerco competing with Africa’s big four towercos
  • Motivations behind and details of the sale of Hotspot’s tower portfolio to IHS
  • What the future has in store for Hotspot Network Limited

Hotspot Network Limited established itself as one of Nigeria’s larger middle-market towercos, developing a portfolio of 160 sites in urban areas through build to suit agreements with Airtel and Etisalat. The company has just announced the sale of their tower portfolio to leading Nigerian towerco IHS. We speak to Hotspot Network Limited COO, Charles Iyoha…

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