Eaton Towers was founded in 2008 by a group of telecommunications experts. It subsequently grew to be one of the largest independent telecoms towers companies with the most diversified geographical tower portfolio in Africa.
Eaton Towers aims to bring affordable communication to everybody in Africa. It does this by working in partnership with mobile network operators to expand coverage, improve quality and reduce costs.
The market demonstrated long term attractive growth trends driven by a young and growing emerging middle class, low mobile penetration and rapid growth in mobile data use.
Other than serving market needs, the industry had a profound impact on African communications, business growth and economic drivers.
Eaton Towers has undergone a substantial transformation since we first invested in 2008. Working in close partnership with Terry Rhodes and his team, Eaton Towers has become an industry leading communications infrastructure business in various African markets.- Eduardo Gutierrez, Partner at DPI