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ITW Africa Agenda



Panel: Consolidation, carve-outs and sale leasebacks - what’s left for M&A?

10 Sep 2024
KICC Conference Room
TowerXchange Meetup Africa

Towercos own 50% of towers in Africa with plenty of room for growth, but an update in carve-outs could indicate a shift in MNO strategy towards retaining value creation. Challenging conditions are also putting pressure on smaller towercos to either exit or merge to generate scale; where will the next wave of M&A come from?

  • Is M&A still part of towerco expansion strategy?
  • Do acquisitions offer better return on invested capital than organic builds?
  • How MNOs are unlocking value through carve-outs
  • Is now the time for towerco consolidation?
  • Appetite for sale leasebacks with smaller, local MNOs
Junaid Shafi, Vice President International M&A - SBA COMMUNICATIONS
Sandile Msimango, CEO - IHS SOUTH AFRICA
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