update

Bharti Airtel is likely to complete the sale of their Africa towers business this month

     Bharti Airtel is likely to complete the sale of their Africa towers business this month. The sale of remaining 15,000 Africa towers to is estimated to fetch USD 1.2-1.5 billion.
     There are approximately 15,000 towers in Africa out of which 3100 towers worth USD 460-500 million have already been sold to Helios Towers. The other players include Eaton Towers, IHS and American Tower Company (ATC). The Eaton Towers deal is likely to be closed within the week while the remaining deals may be closed by the end of the month. There may be an announcement once all three tower deals are closed, suggest sources.