tiGO Tanzania to sell more than 1,000 towers to HTT for USD80m

[n00b]

Millicom International Cellular (MIC) has announced that its Tanzanian subsidiary, Millicom Tanzania Limited, which trades as Tigo Tanzania, has agreed to sell approximately 1,020 towers to Helios Towers Tanzania (HTT), a wholly owned unit of Helios Towers Africa (HTA).

Under the terms of the transaction MIC says Tigo Tanzania will receive a cash payment of at least USD80 million and will retain a ‘significant minority interest’ in HTT.

Moreover, going forward the pair have entered into a long-term leasing agreement under which HTT will provide Tigo Tanzania with access to wireless communications towers and a build-to-suit agreement to support the company's wireless network expansions.

It is understood that HTT is also actively seeking similar agreements with other operators in Tanzania.

The tower sale deal is expected to create savings in both capital and operating expenditure for the Tanzanian cellco.

In a joint press release, the two firms said the specific number of towers and final purchase price will be determined ‘once the various closings have taken place’.

First closing of the transaction, subject to customary closing conditions, is expected in Q2 2011

 

[Mpevu]

mh mbona engineers watasota?
Hivi hizi kampuni za simu kuna nini kinaendelea mpaka zote zifikie hatua ya kubinafsisha idara zao nyeti?

KULIKONI?

 

[Mpogoro]

Kuna watu lazima wapigwe chini hapo!Msala huo..m

 

[Masikini_Jeuri]

haya vijana wangu wale kuw tunuku madensa kumbini mpo?...............malizieni mjengo yenu!

 

[Anfaal]

mh mbona engineers watasota?
Hivi hizi kampuni za simu kuna nini kinaendelea mpaka zote zifikie hatua ya kubinafsisha idara zao nyeti?

KULIKONI?

Kuna watu lazima wapigwe chini hapo!Msala huo..m

Kuna opportunity pia hapo zitakuwa created. Lazima tukubali kuwa dunia ya sasa ni ya kibepari na ili kusavaivu watu wanahitajika kuwa competitive.

haya vijana wangu wale kuw tunuku madensa kumbini mpo?...............malizieni mjengo yenu!

 

[Mtazamaji]

Nadhani hii ni one step kulkeka ampuniza simu kushare minara. Ili minara iwe shared na kuondoa utata inatakiwa isimilikiwe na kampuni za simu.

 

[mams]

Lengo ni kuboresha biashara. Redudunce lazima kwa ajili ya kuokoa gharama zisizo za muhimu. Lengo lao kuja ilikuwa ni kufanya biashara kwa ufanisi na employment generation iko too political kwa makapuni yetu ya kigeni.

 

[Mutensa]

Thank you all guys for your comments. In short this is an opportunity for those wHo can see it. It is a threat however for those who can't see it. There are many benefits for the towers being owned by diferrent company than the operator.... Pm for more details if interested.....

 

[Ndahani]

Zain walianza kwa kuingia mkataba na Ericsson. Leo hii Tigo. Who knows Vodacom wanakuja na nini maana Bromain walipigwa chini wamewapa kampuni inaitwa Nothern Engineering.

Katika mambo kama haya, ni rahisi sana kuona Airtel, Tigo na mengine yanauza minara kwa kampuni kama hizi wakaendelea kubaki na core business yao ambayo ni kuuuza airtime.

Katika haya kuna opportunities na kupoteza. Nani atapata na nani atakosa ni kitendewili kikubwa. One thing is clear though! We live in the changing world.

 

[Mtazamaji]

Thank you all guys for your comments. In short this is an opportunity for those wHo can see it. It is a threat however for those who can't see it. There are many benefits for the towers being owned by diferrent company than the operator.... Pm for more details if interested.....

Mhhhhhhh
Is it a classified info or knowledge ?

teh teh

 

[Ndahani]

Opportunities will always go to those prepared. For most of the things, we are just onlookers, waiting for a miracle to happen if not complaining about unjust done to us as if we own those companies.

 

[The Finest]

Kuna threat na opportunities pia so its fifty fifty