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MTN Group

MTN Weighs Full Takeover of IHS Holdings in Landmark Telecom Infrastructure Shift

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MTN Group has confirmed it is in advanced talks to acquire the remaining 75 per cent stake in IHS Holding Limited, a move that would give Africa’s largest mobile operator full control of one of the world’s biggest independent tower companies. In a cautionary notice to investors on Thursday, the South African telecom giant said […]

MTN plans to sell $2.3bn stake in IHS Towers to cut debt

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appeals

MTN Group could cash in from an Initial Public Offering (IPO) , of Africa’s largest telecommunications towers company by selling a stake valued by the wireless carrier at about R27bn($2.3bilion), according Bloomberg. IHS Towers, of which MTN owns about 29%, is planning an IPO in New York, people familiar with the matter said in 2017. […]