Bharti Airtel Divests Over 3,500 Mobile Towers In Africa To Eaton
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In a cost-cutting exercise, "This agreement (with Eaton) represents the next phase of Airtel's growth journey in Africa. We are strong proponents of telecoms infrastructure sharing, which results in industry-wide cost efficiencies," said
The latest agreement with Eaton will allow Bharti Airtel focus on its core business and customers and will significantly reduce its on-going capital expenditure on passive infrastructure.
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The Eaton pact would lead to "superior usage of passive infrastructure and help drive the proliferation of affordable mobile services across Africa," concluded Manoj Kohli.
(Image: The Economic Times)
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