{"id":125313,"date":"2016-06-01T11:33:49","date_gmt":"2016-06-01T09:33:49","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=125313"},"modified":"2016-06-01T11:34:13","modified_gmt":"2016-06-01T09:34:13","slug":"125313","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/125313\/125313\/","title":{"rendered":"Eaton Towers to sell to ATC South Africa"},"content":{"rendered":"<p>Eaton Towers Group\u00a0announced it has signed an agreement to sell its South African towers to American Tower Corporation (ATC) South Africa for an undisclosed sum.<\/p>\n<p>This\u00a0transaction is subject to regulatory approval.<\/p>\n<p>\u201cThe successful execution of our build-to-suit strategy over the last few years has resulted in a unique portfolio of some 300 towers serving some 600 tenants across South Africa,\u201d said Terry Rhodes, CEO of Eaton Towers.<\/p>\n<p>\u201cThe sale, which represents about 5% of Eaton Towers\u2019 total business, will allow us to invest further in the countries where Eaton Towers are market leaders and expand into new markets in Africa.\u201d<\/p>\n<p>Eaton Towers said the South African market of some 30,000 towers is dominated by the telecoms and broadcast organisations, which own over 90% of the towers.<\/p>\n<h3 class=\"my-4\">More telco towers<\/h3>\n<p><a href=\"http:\/\/businesstech.co.za\/news\/mobile\/96271\/mtn-looking-to-sell-sa-towers-report\/\" target=\"_blank\"><strong>MTN looking to sell SA towers: report<\/strong><\/a><\/p>\n<p><strong><a title=\"Permalink to MTN to offload 9,000 towers in Nigeria\" href=\"http:\/\/businesstech.co.za\/news\/general\/67592\/mtn-to-offload-9000-towers-in-nigeria\/\" rel=\"bookmark\">MTN to offload 9,000 towers in Nigeria<\/a><\/strong><\/p>\n<p><strong><a title=\"Permalink to MTN looking to offload towers in Africa\" href=\"http:\/\/businesstech.co.za\/news\/general\/54875\/mtn-looking-to-offload-towers-in-africa\/\" rel=\"bookmark\">MTN looking to offload towers in Africa<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eaton Towers Group announced it has signed an agreement to sell its South African towers to American Tower Corporation (ATC) South Africa for an undisclosed sum.<\/p>\n","protected":false},"author":31,"featured_media":4840,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[25,1118,497],"class_list":["post-125313","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-active","tag-american-tower-corporation","tag-eaton-towers"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/125313","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=125313"}],"version-history":[{"count":2,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/125313\/revisions"}],"predecessor-version":[{"id":125317,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/125313\/revisions\/125317"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/4840"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=125313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=125313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=125313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}