Home News MTN In Talks To Buy Remaining IHS Holdings Stake In $2.76 Billion Deal
NewsUncategorized

MTN In Talks To Buy Remaining IHS Holdings Stake In $2.76 Billion Deal

Share
Share

MTN Group is reportedly in advanced discussions to acquire the remaining stake in IHS Holdings in a transaction valued at approximately $2.76 billion, a move that could reshape the telecom infrastructure landscape across several African markets. The potential acquisition reflects MTN’s long term strategy to strengthen control over its network infrastructure while improving operational efficiency and reducing dependence on third party tower leasing arrangements.

IHS Holdings is one of the largest independent owners and operators of shared telecommunications infrastructure in Africa, providing tower services that support mobile connectivity for millions of users. By increasing its ownership stake, MTN aims to secure greater flexibility in managing network expansion, accelerate deployment of advanced technologies, and enhance the reliability and quality of its services as digital demand continues to rise across the continent.

Industry observers note that telecom operators are increasingly prioritizing infrastructure ownership as competition intensifies and as investments in 4G, 5G, and broadband connectivity expand. Greater infrastructure control could allow MTN to optimize costs over time while strengthening its capacity to scale digital services, financial technology platforms, and enterprise solutions across its markets.

The proposed deal remains subject to ongoing negotiations, regulatory approvals, and final agreements by both parties. If successfully concluded, the acquisition could rank among the most significant telecom infrastructure transactions in Africa and further position MTN as a leading force in advancing digital transformation and connectivity across emerging economies.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Don't Miss

Permanent Secretary Meets Cuban Ambassador to Strengthen Bilateral Relations and Discuss Global Developments

The Permanent Secretary of Nigeria’s Ministry of Foreign Affairs, Ambassador Dunoma Umar Ahmed, PhD, hosted the Ambassador of the Republic of Cuba to...

Global Markets Reeling as Geopolitical and Economic Fears Shake Investors

Volatility swept through global financial markets on Thursday as a convergence of geopolitical and economic concerns rattled investors. Fears of a potential U.S....

Related Articles

Morocco Evacuates Over 140,000 Residents as Flood Risks Rise in Northwest

Moroccan authorities have undertaken a massive evacuation operation, relocating 143,000 people in...

Canada Scraps Electric Vehicle Sales Mandate Amid Policy Shift

Canada has announced the cancellation of its previously planned mandate requiring all...

Malnutrition Reaches Famine Levels in Two Additional Areas of Sudan’s North Darfur, Monitor Reports

Sudan is facing a worsening humanitarian crisis as malnutrition has reportedly reached...

American Airlines’ Chicago Battle Emerges as Critical Test of Turnaround Strategy

American Airlines is under pressure to prove it can close the profitability...