CamTel, MTN sign fibre capacity deal

Mergers, Acquisitions and Financial Results

CamTel, Cameroon’s state-owned incumbent telecoms operator, has announced the signing of a ten-year partnership agreement with MTN Cameroon, under which it will provide the South African-owned firm with dark fibre capacities on its national fibre-optic backbone. CamTel revealed that the agreement with MTN follows the signing of a similar deal with Cameroon’s newly licensed third mobile operator Viettel, which is scheduled to begin commercial operations in September, while further agreements are expected to be sealed shortly with Orange Cameroun and CRTV. ‘Over the years, telecommunications operators in Cameroon each had their network and this was very costly to run,’ commented CamTel general manager, David Nkoto Emane, adding: ‘At the end of the day customers had to bear the brunt due to a relatively high cost of telecommunications services. But by sharing a common transmission infrastructure like we have done with MTN, the running cost will be low and consequently prices will also drop.’

Bharti Airtel to sell 3,100 towers in 4 African nations to Helios Towers Africa

BhartiAirtel will sell over a fifth of its 15,000 telecom towers located in four African countries to Helios Towers Africa, as the world's fourth largest telecom company raises funds to pare debt and reduce costs in a bid to turn around its business in the continent.

In a joint statement on Wednesday, the two companies didn't disclose the size of the 3,100-tower deal or the names of the four countries. But a person familiar with the matter told ET that it's worth close to $400 million (Rs 2,400 crore) and the towers are based in Tanzania, Democratic Republic of Congo, Republic of Congo and Chad.