Africa Telecom Towers Industry Overview
The African telecom and allied market is moderately competitive and has many global and regional players. These players account for a considerable market share and focus on expanding their client base globally. These players focus on research and development activities, strategic alliances, agreements, and other organic & inorganic growth strategies to stay in the market landscape over the forecast period. Some of the major players in the market are IHS Towers (IHS Holdings Ltd), Helios Towers PLC, American Tower Corporation, Eskom Holdings Limited, etc.
- April 2023: Egbin Power PLC announced the construction of its Power Station in Lagos, Nigeria, with a 1,900MW gas-fuelled power plant. The project is now undergoing permitting. It will be built in a single step. The project's development is anticipated to begin in 2024, with commercial operations beginning in 2025.
- March 2023:AxianTelecom announced a deal to upgrade its network in the Madagascan unit Telmawith Ericsson. Ericsson announced that the solutions to be deployed would provide Madagascar with faster and more reliable mobile services nationwide, reducing energy consumption and enhancing the 5G ecosystem.
- March 2023: Helios partnered with mobile network operators (MNOs) in South Africa to provide power-as-a-service to its sites due to the country's ongoing power crisis, which owns and maintains over 13,500 telecom tower sites in eight African nations.
Africa Telecom Towers Market Leaders
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IHS Towers (IHS Holdings Ltd)
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American Tower Corporation
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Helios Towers plc
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Eskom Holdings Limited
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ZESCO Limited
- *Disclaimer: Major Players sorted in no particular order