IHS Buyout Could Rewrite Africa’s Telecom Infrastructure Playbook

MTN to take control of IHS Towers for $2.2 billion - Total Telecom

News The operator says reintegrating the tower assets will strengthen its African operations and improve financial metrics African telco giant MTN Group is set to take full control of IHS Towers, one of Africa’s largest independent tower companies, in a deal valued at $6.2 billion. The deal will see MTN acquire the 75% stake in IHS that it doesn’t already own for $2.2 billion in cash. “This proposed transaction is a pivotal step in further stren…

EMEA Infrawatch: MTN’s tower take-back; Eutelsat puts LEO front ...

Analyst Briefing: MTN plots IHS Towers buy; Eutelsat doubles down on LEO as it calls off Flexsat GEO project; Ardian said to mull Brookfield tie-up for INWIT takeover; more…

IHS buyout could rewrite Africa’s telecom infrastructure playbook

For nearly two decades, independent tower companies have provided a neutral platform where mobile network operators can colocate equipment, share costs, and expand coverage without owning the physical infrastructure.  That model is now under pressure following MTN’s $2.2 billion acquisition of IHS Towers. With the deal, MTN is reclaiming strategic control over assets it once sold and reshaping the economics of telecom infrastructure across its m…

MTN to Acquire 100% of IHS Towers

MTN Group has reached a definitive agreement with the board of IHS Towers to acquire 100% of the company’s shareholding in a landmark deal valued at $8.50 per share. The transaction, which follows months of strategic discussions, will see MTN increase its current 24.7% stake to full ownership, effectively delisting one of the world’s largest … The post MTN to Acquire 100% of IHS Towers appeared first on TechTrendsKE.