MTN looks to sell off towers in domestic market
MTN South Africa is planning to sell off half of its base station infrastructure to improve efficiencies. The company owns around 6,000 towers in South Africa.
The pan-African MTN group has already completed similar infrastructure agreements in other parts of the continent as well like in Ghana and Uganda.
Commenting on the plans, which are still under consideration, Pienaar said: “The infrastructure on the ground, it’s not our core focus, so we don’t leverage it to the extent that perhaps we could.” He further added adding “a sale would only be of the passive elements of the network. However, a sale of active components has not been ruled out in the future.”