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Eurobites: Fridman investment vehicle backs UK fiber upstart

Eurobites: Fridman investment vehicle backs UK fiber upstart
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Tower deals transform business models in Tanzania and Latin America

Developing Telecoms Newsletter Sign Up Keep up-to-date with the latest telecoms news in emerging markets globally. Subscribe to Developing Telecoms FREE weekly newsletter. Afghanistan Bosnia and Herzegowina Cook Islands Samoa South Sudan, Republic of Sweden Uruguay Business/Industry/Finance User Your personal data will not be shared with third parties. Click here to view our privacy policy. 209 More tower deals have been announced in what has become an increasingly busy market for both buyers and sellers. The latest two deals involve American Tower Corporation (ATC) buying in Latin America and Airtel Africa selling in Tanzania. According to Reuters, ATC – a major player in the tower market – has now finalised a purchase of 6.2 billion euros (about $7.57 billion) worth of European mobile masts from Telxius, a division of Telefonica. Relevant to the markets covered in these pages, however, is the fact that this is part of a wider deal to acquire over 30,000 t

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