Atlas Tower’s aggressive expansion in Kenya, backed by a French infrastructure fund, aims to integrate sustainable energy into telecom infrastructures. This support enhances network coverage through energy-efficient solutions. Despite initial costs, long-term benefits include reduced environmental impact and better mobile connectivity. Such initiatives bridge the digital divide.
Xavier Neil, the French telecom magnate, is seeking financing to acquire the remaining 80% of Latin American telecom group Millicom through his investment vehicle, Atlas. The move was disclosed after media reports surfaced, prompting an official statement from Atlas Investissement. The statement confirmed that Atlas is exploring a cash tender offer for Millicom, aiming for a purchase price of $24 per share.
