US telecoms firm earns Sh2.8bn from leasing masts to Airtel, Telkom Kenya

The American Tower Corporation (ATC) earned Sh2.8 billion ($27.3 million) last year for leasing telecommunications infrastructure to firms such as Airtel Kenya.

Its revenues jumped nearly fourfold from the Sh741 million ($7 million) the company generated in 2018 as more firms leased its towers.

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