REIT forms strategic partnership with Airtel Africa

American Tower Corporation’s African operations (ATC Africa) and Airtel Africa plc have entered into a multi-year, multi-product agreement, leveraging ATC Africa’s vast portfolio of communications sites as well as new site and product development capabilities across its footprint in Kenya, Niger, Nigeria and Uganda in support of Airtel Africa’s network rollout.

Through their combined efforts, the companies expect to substantially increase connectivity on the continent, extend digital inclusion to underserved communities and advance their mutual greenhouse gas (GHG) emissions reduction objectives.

All new site development under the agreement will comply with ATC Africa’s new green site specifications, which is expected to substantially reduce reliance on fossil fuels while advancing American Tower’s progress toward achieving its science-based targets (SBTs). This strategic partnership also is expected to reduce exposure to fuel-price volatility for both ATC Af