The past few years have seen a decline in M&A, with the tower sector focusing on lease-up, greenfield and driving efficiencies. But there are still many tower portfolios remaining under operator management, and the potential for a new wave of tower activity and consolidation. However, it’s clear that the next decade of tower deals will look different from the previous decade. This panel will explore what this new future of M&A will look like, the changing nature of contracts, lease agreements and owner structures. 

• What is the current outlook towards M&A in the African tower sector? 

• How have expectations around lease terms, SLAs and operational control changed compared to the past decade? 

• Evaluating towercos in the current market; what are investors looking for? 

• The impact of more MNO-led M&A, from equity stakes to joint ventures 

• As digital infrastructure assets converge with towers, how is this influencing future deals? 

• Exploring consortium and multi-stakeholder partnership models for tower transactions