Telecoms & Media
Atlas Tower could force SBA Communications to buy joint subsidiary in South Africa

Atlas Tower could force SBA Communications to buy joint subsidiary in South Africa

Twelve months after a first agreement, the two partners can now exercise the option that would give the American company full ownership of Atlas Tower South Africa.

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            ▪ Atlas Tower could force SBA Communications to buy joint subsidiary in South Africa

▪ Twelve months after a first agreement, the two partners can now exercise the option that would give the American company full ownership of Atlas Tower South Africa.

https://www.jeuneafriquebusinessplus.com/en/805611/atlas-tower-could-force-sba-communications-to-buy-joint-subsidiary-in-south-africa/

01/10/2020 at 18h30, by Jeune Afrique Business+

After SBA Communications Corporation exercised an option on 30 August 2019 to increase its stake in Atlas Tower South Africa, the company based in Boca Raton, Florida now owns 94% of its joint subsidiary with Atlas Tower Group, an SME that started out in Alaska.

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