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Airtel Africa Wants to Get Rid of its Towers to Cut Costs

Sourced from Comms MEA Pan-African telecommunications firm Airtel Africa has reportedly stopped investing in new tower infrastructure in Kenya, and other markets across the continent, as it prepares to sell most of its already-existing infrastructure assets. This is in efforts to reduce ownership of infrastructure as Airtel Africa looks towards leasing instead, according to Business Daily Africa. The International Finance Corporation (IFC), which is funding Airtel Africa, stated in an investment disclosure that Airtel is looking to focus on a cost-saving “asset-light business model” and has “divested most of its telecommunications tower portfolio” with the telecom operator now apparently in the final stages of divesting the majority of its remaining tower portfolio to other tower companies...

Nigerian Businessman Appointed CEO of Airtel Africa

Segun Ogunsanya, newly appointed Managing Director and CEO. The Airtel Africa Group has announced the new appointment of Olusegun “Segun” Ogunsanya, as its Managing Director (MD) and CEO. Ogunsanya took the helm of the group as of 1 October 2021. This comes as former CEO, Raghu Mandava, who led Airtel Africa since 2016, was announced to be stepping down from the company’s board of directors in October 2021. “We are delighted to appoint Segun Ogunsanya as the Group’s next Chief Executive Officer. He has displayed significant drive and energy in turning around the Nigeria business by focusing on network modernisation, distribution, and operational efficiency,” said Airtel Chairman, Sunil Bharti Mittal, when Ogunsanya was first announced to replace Mandava. A Businessman of Some Repute Previo...

Airtel Nigeria Awarded “Best in Test” – An Interview with Hakan Ekmen of umlaut

Hakan Ekmen, CEO of Telecommunications for umlaut. Hakan Ekmen, CEO of Telecommunications at umlaut – an international, full-service, cross-industry, end-to-end company that offers advisory and fulfilment services to clients all over the world – chats with ITNA about umlaut’s recently published telecommunications report in Nigeria and the company’s future plans in Africa. Here’s what transpired: umlaut is well known in the Telecommunications industry, but that’s only part of the story. Can you please tell us a little bit more about umlaut? umlaut is a technology-driven and future-oriented company, providing services to numerous sectors and industries, like automotive, energy, aviation, rail and telecommunications. We transfer our expertise and knowledge across the industries. Our own value...