MTN wants to sell and leaseback some of its towers

Bradley Prior

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MTN wants to sell and leaseback some of its towers

MTN Group Ltd. is looking to sell and lease back part of its portfolio of 13,000 South African telecom towers, a sign that new Chief Executive Officer Ralph Mupita is looking to build on a disposal plan kicked off by his predecessor. [Bloomberg]
 

Mystic Twilight

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Sounds like the saa buy/swap/lease plan for the new airbus planes that ended in a debacle.
 
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