American Tower (NYSE:AMT) will acquire Eaton Towers for about $1.85B, including debt. The deal is expected to close before the end of the year.
Eaton owns and operates approximately 5,500 communications sites across five African markets.
In the first year after the deal closes, Eaton's assets are expected to generate $260M in property revenue, $165M in gross margin, and to be accretive to consolidated AFFO per share.









