MTN Group, Africa’s largest mobile operator, is in advanced negotiations to acquire the remaining 75% stake in IHS Holdings that it does not currently own. This potential transaction could value the telecom infrastructure specialist at approximately $2.76 billion. MTN emphasizes that no final agreement has been reached, but if successful, the acquisition would give them greater control over critical tower infrastructure, aligning with their strategic objectives.
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MTN Group in advanced talks to acquire remaining 75% stake in IHS Holdings
MTN Group, Africa’s largest mobile operator, is in advanced negotiations to acquire the remaining 75% stake in IHS Holdings that it does not currently own. This potential transaction could value the telecom infrastructure specialist at approximately $2.76 billion. MTN emphasizes that no final agreement has been reached, but if successful, the acquisition would give them greater control over critical tower infrastructure, aligning with their strategic objectives.