MobiNil closing in on tower sale deal?

2 May 2014

Egyptian mobile network operator MobiNil is said to be close to completing a deal under which it will sell off its mobile towers, TMT Finance reports. Three parties are said to be in negotiations with the cellco for the infrastructure, with two rounds of bidding understood to have taken place so far. Among the prospective buyers, Accelero Capital and Ashmore Group had previously been named, though the report noted that the identity of those still in the running remained unconfirmed. It is claimed that the is likely to close by early-June 2014.

Subscribe

Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.

Subscribe to CommsUpdate

Feedback

Have feedback, corrections, or story ideas? Send them to editors@commsupdate.com.

Browse Past Issues

Filter

Filter CommsUpdate by the following categories or use the search.

Search

Visit our help page information on performing advanced searches, including how to restrict the results by country or company.

Advertise

CommsUpdate is an outstanding advertising venue for companies seeking to reach:

  • International carriers
  • Wholesale service providers
  • Equipment and software vendors
  • Telecom investors
  • Regulators

Learn more about advertising on CommsUpdate.

Share