Project Category
Project Category
Postal, Mobile, and Telecom Industries
Project Description
Project Description
The project consists of the acquisition, refurbishment, operation, maintenance and leasing of tower sites by Eaton Towers Uganda Limited ( ETUL or the Company ), a Uganda-based tower company. Founded in 2011, ETUL is 100% owned by Eaton Towers Limited (formerly ETW Africa Holdings UK Limited) ( ETL or Eaton Holding ). The acquisition component of the project consists of the purchase of existing tower sites from Airtel Uganda Limited ( Airtel Uganda ). This is the Company s third tower portfolio acquisition which almost doubles its size and thereby transforming ETUL into a larger player furthering its economies of scale. IFC and other lenders and shareholders also financed ETUL s first two tower portfolio acquisitions and its subsequent launch in 2012.
Our Reference Number
Our Reference Number
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