Airtel Africa now stops investment in tower infrastructure

An Airtel shop in Nairobi. FILE PHOTO | NMG

Telecommunications firm Airtel Africa has stopped investing in tower infrastructure in Kenya and other markets in the continent, with the company intending to sell most of its existing assets.

The company’s strategy of reducing ownership of infrastructure in favour of leasing has been disclosed by the International Finance Corporation (IFC) which is funding the multinational telecoms operator.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.