MTN moves step closer to African tower takeover

Cameron Page2026-08-05T14:01:00

Source: Unsplash / Akinyemi Gbadamosi

MTN takes another step towards re-acquisition of previously sold regional tower assets, via buyout of HIS. MTN CEO Ralph Mupita sees the towers as a “critical value-creation driver” for group’s recently revamped strategy. Approval marks latest turn in long (and fraught) relationship between IHS and MTN…

This article includes:

Organisations: Airtel Africa; American Tower; Bharti Airtel; IHS Towers; Indus Towers; MTN; Wendel Group.
Geographies: Africa; Brazil; Cameroon; Colombia; Côte d’Ivoire; Ghana; India; Kenya; Latin America; Nigeria; Rwanda; South Africa; Uganda; Zambia.
People: Ralph Mupita.
Themes: Ambition 2030; AI; anchor tenant; acquisition; Africa expansion; cloud services; data centres; digital infrastructure; dividend; fibre; fintech; governance; initial public offering; infrastructure; investment; lease agreements; network-sharing agreements; open-access; regulatory approvals; sale-and-leaseback; satellite; shareholder approval; tower assets; towerco; wireless infrastructure.

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