Mergers and acquisitions activity in African telecom industry debated at investment conference

Industry leading telecom operators, investment bankers and advisers are gathering in London between June 21st and 22nd at the TMT Finance and Investment Africa forum to debate investment opportunities in the African telecom sector. The event takes place at America Square in the City of London and will feature presentations from industry leaders on the latest investment opportunities and strategies, topical debate and high end networking for deal focused professionals.

TMT Finance and Investment Africa will bring together the leading players to focus on telecom investment and acquisition strategies at a critical time for the industry. Participating companies include American Tower Corporation, Alcazar Capital, Bintel, Macquarie Capital, Citigroup, BNP Paribas, Fidelity Wireless, Denton Wilde Sapte, Standard Bank, Goldman Sachs, ZTE, Investec, Barclays Capital, Herbert Smith, Ernst & Young and Booz & Company.

“Investment into African telecoms is mushrooming this year as global telecom operators race to seize market share in highly challenging and disparate markets. Bharti, MTN, Vodafone, France Telecom, Telecom Egypt and Etisalat have all been attempting major acquisitions recently, while towers sales, infrastructure investment opportunities and new licences are available across the continent. Over US$30bn worth of mergers and acquisitions activity is predicted this year already. The TMT Finance Africa conference brings together the key players active in these transactions and other telecom investment projects,” commented Dominic Lowndes, managing director of BroadGroup TMT Ventures .

Some highlights of the event include The Telecom Executives Round Table chaired by Booz & Co and featuring CEOs, CFOs and heads of M&A from the leading international telecom operators active in Africa. The M&A Advisers Panel featuring Goldman Sachs, Barclays Capital, Citigroup, Herbert Smith LLP and other leading international investment banking advisers debating merger and acquisitions opportunities. To view the full program of events visit www.tmtfinance.com/africa/programme

Further details on finance and investment in Africa and registration for the conference can be found at www.tmtfinance.com/africa

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Kirsty Marshall

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