SBA Communications exerts its call and rises to 100% in Atlas Tower South Africa

SBA Communications exerts its call and rises to 100% in Atlas Tower South Africa

By spending $ 5 million to buy 6% of the capital, the US base station operator is securing sole control of its only African subsidiary.

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            ▪ SBA Communications exerts its call and rises to 100% in Atlas Tower South Africa

▪ By spending $ 5 million to buy 6% of the capital, the US base station operator is securing sole control of its only African subsidiary.

https://www.africabusinessplus.com/en/807119/sba-communications-exerts-its-call-and-rises-to-100-in-atlas-tower-south-africa/

The transaction, which has not yet been finalised, grants a value of $253 million to Atlas Tower South Africa, founded in 2014 by Atlas Tower Group, the SME that started in Alaska before focusing on Africa.

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