American Tower Corporation’s African operations (ATC Africa) announced its telecom tower deal with Airtel Africa.
Airtel Africa will use ATC Africa’s communications sites across Kenya, Niger, Nigeria and Uganda in support of Airtel Africa’s network rollout.
All new site development under the telecom tower agreement will comply with ATC Africa’s green site specifications, which is expected to reduce reliance on fossil fuels, while advancing American Tower’s progress toward achieving its science-based targets (SBTs).
Furthermore, this partnership is expected to reduce exposure to fuel price volatility for both ATC Africa and Airtel Africa. The parties have also committed to work together to convert existing telecom sites to ATC Africa’s green site specifications over time. Financial details were not disclosed.
“Over the last several years, ATC Africa has made forward-thinking investments to ensure we achieve tangible reductions in our on-site fossil fuel consumption in Africa,” Marek Busfy, CEO of ATC Africa, said.
To date, ATC Africa has invested $300 million in energy efficiency improvements, renewable energy deployments and energy storage solutions to decrease on-site reliance on fossil fuels. The company has also earmarked additional investments to fund the implementation of future energy efficiencies.
“Sustainability is at the core of our strategy, driven by our corporate purpose to transform lives across Africa and support people, businesses, and governments in getting access to better connectivity,” Segun Ogunsanya, CEO of Airtel Africa, said.