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Bharti’s Tanzania and Chad tower sale to Helios Towers called off

Private Equity-backed Helios Towers’ deal to acquire Bharti Airtel tower assets in Tanzania and Chad has fallen through. The company had reached an agreement in July last year to acquire tower assets in Chad, Congo, Democratic Republic of Congo (DRC) and Tanzania. Reports state that both companies agreed to terminate the sales of approximately 800 towers in Chad and Tanzania, while the deal for Congo and DRC remains in place.

Read more at Business Standard…

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