March 23 (Reuters) - Airtel Africa PLC AAF.L :
* AIRTEL AFRICA PLC - TOWER SALE AGREEMENTS
* AIRTEL AFRICA - AGREEMENTS TO SELL ITS TELECOMMUNICATIONS
TOWER
COMPANIES IN MADAGASCAR AND MALAWI TO HELIOS TOWERS PLC
* AIRTEL AFRICA - AGGREGATE GROSS CONSIDERATION FOR
TRANSACTIONS
IS EXPECTED TO BE APPROXIMATELY $108 MILLION
* AIRTEL AFRICA - AIRTEL AFRICA'S UNITS WILL CONTINUE TO
DEVELOP,
MAINTAIN AND OPERATE THEIR EQUIPMENT ON TOWERS UNDER SEPARATE
LEASE ARRANGEMENTS
* AIRTEL AFRICA - TO BUILD TO SUIT COMMITMENTS WITH
PURCHASER FOR
EXTRA 195 SITES IN MADAGASCAR, MALAWI OVER 3 YRS FOR FURTHER $11
MILLION OF CONSIDERATION
* AIRTEL AFRICA - PROCEEDS FROM DEALS TO BE USED TO REDUCE
GROUP
EXTERNAL DEBT AND TO INVEST IN NETWORK AND SALES INFRASTRUCTURE
Source text for Eikon: ID:nRSW1572Ta
Further company coverage: AAF.L