JOHANNESBURG–(COMMERCIAL WIRE)–The African operations (ATC Africa) of American Tower Corporation (American Tower) and Airtel Africa plc (Airtel Africa, or the Group) announced today that they have entered into a multi-year, multi-product agreement, leveraging ATC Africa’s broad portfolio of sites communications and new product and site development capabilities across its presence in Kenya, Niger, Nigeria and Uganda in support of Airtel Africa’s network rollout. Through their combined efforts, the companies hope to substantially increase connectivity on the continent, extend digital inclusion to underserved communities, and advance their mutual greenhouse gas (GHG) emission reduction goals.
All new site development under the agreement will comply with ATC Africa’s new green site specifications, which are expected to substantially reduce reliance on fossil fuels, while advancing American Tower’s progress towards achieving its goals based on in science (SBT). Additionally, this strategic partnership is expected to reduce exposure to fuel price volatility for both ATC Africa and Airtel Africa. The parties have also committed to continue working together to convert existing telecommunications sites to ATC Africa’s green site specifications over time.
Additionally, Airtel Africa and ATC Africa will partner to provide information and communications technology skills training to underserved communities as part of their respective digital communities and kiosk programmes. Under this partnership, more than 200 digital communities are expected to roll out in these markets in the coming years.
“Over the past several years, ATC Africa has made forward-thinking investments to ensure we achieve tangible reductions in our on-site fossil fuel consumption in Africa,” said Marek Busfy, Senior Vice President and CEO of ATC Africa.
To date, ATC Africa has invested approximately $300 million in energy efficiency upgrades, renewable energy deployments, and energy storage solutions to decrease on-site reliance on fossil fuels. The company has also allocated additional investments to finance the implementation of future energy efficiencies.
“As we selectively expand the platform services we offer, we are demonstrating our commitment to introducing new and renewable energy sources to power our sites, which protects the industry, our customers and consumers from current and future volatility in markets. fuel prices. Airtel Africa’s environmental goals are aligned with ours, and as we expand our digital reach on the African continent, we remain committed to reducing GHG emissions alongside our growth.” Adds Busfy: “In addition, through our Digital Communities program, we will be able to significantly improve the quality of life in our markets through connectivity.”
Commenting on this landmark deal, Segun Ogunsanya, CEO of Airtel Africa, said, “The company has once again demonstrated its commitment to creating value for customers and shareholders by subscribing to an environmentally sustainable growth model. Airtel Africa’s corporate citizenship requires us to extend coverage to increasingly remote areas, and fulfilling this obligation is necessary to establish a sustainable partnership with a like-minded industry player. We continue to invest in infrastructure and distribution networks in the countries where we operate to support their economies and communities. Sustainability is at the core of our strategy, driven by our corporate purpose to transform lives in Africa and help people, businesses and governments gain access to better connectivity.”
About American Tower
American Tower, one of the world’s largest REITs, is a leading independent owner, operator and developer of multi-tenant communications real estate with a portfolio of approximately 222,000 communications sites and a highly interconnected footprint of data center facilities. USA For more information about American Tower, please visit the “Earnings Materials” and “Investor Presentations” section of our investor relations website at www.americantower.com.
American tower in Africa
We established our presence in Africa in 2011 and today we operate more than 23,000 sites in Burkina Faso, Ghana, Kenya, Niger, Nigeria, South Africa and Uganda. Our clients include the major mobile network operators (MNOs) in the region. Access to broadband services has helped unlock a host of new opportunities and services that are improving African livelihoods, spurring Africa’s economic growth and advancing the 2030 Sustainable Development Agenda for the continent.
Cautionary Language Regarding Forward-Looking Statements
This press release contains “forward-looking statements” about American Tower’s goals, beliefs, expectations, strategies, objectives, plans, future operating results and underlying assumptions and other statements that are not necessarily based on historical fact. Forward-looking statements can generally be identified by the use of words such as “anticipate”, “believe”, “continue”, “may”, “estimate”, “expect”, “forecast”, “intend”, “may, ” “ plan”, “project”, “potential”, “seek”, “should”, “think”, “will”, “would” and similar expressions, or may use future dates. Actual results may differ materially from those indicated in American Tower’s forward-looking statements as a result of various factors, including the factors set forth in Item 1A of its Form 10-K for the year ended December 31, 2021 under the heading “Risk Factors.” American Tower undertakes no obligation to update the information contained in this press release to reflect subsequent events or circumstances.
Airtel Africa is a leading provider of telecommunications and mobile money services, with a presence in 14 countries in Africa, mainly in East Africa and Central and West Africa. Airtel Africa offers an integrated set of telecommunications solutions to its subscribers, including mobile voice and data services, as well as mobile money services, both domestically and internationally. The Group aims to continue providing a simple and intuitive customer experience through optimized customer journeys.