African Telcos and Towers What if the Naira devalues to 600?
Investor concerns about Naira devaluation, cash repatriation and USD availability in Nigeria have been growing over the past few months. With the Nigerian election in less than a month, we think it is likely that the Naira devalues in the near term. In this note we look at the implications for the African Telcos and Towers if the USD/NGN goes to 600:1USD.
Provided by our team of experienced analysts, our work is idea driven, based on independence of thought, sector expertise, and firmly focussed on fundamentals and valuation.
New Street Research is an independent, partner-owned, research firm specialising in equity and debt research. Our equity research embraces the following sectors:
- Pan European Telecom Services and Cable
- US Telecoms, Cable, Satellite and Towers
- Global Emerging Market Telecoms
- Japan Telecoms
- Asian Internet
- Pan European Healthcare
- Global healthcare thematic research
We provide debt research on:
- Pan European Telecom Services and Cable
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