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ihs towers

MTN SA Completes Sale of Over $400-Million in Towers Acquisition

MTN South Africa has completed a sale of $410-million in an IHS Holding Limited (IHS Towers) acquisition of 5,701 towers in South Africa from the mobile telecommunications company. Under the agreement, IHS Towers is also providing Power Management Services to...

A Price Has Been Set for MTN’s IHS Tower Deal – Here Are The Details

After a lengthly competitive process, the MTN Group has announced that its South African arm has finalised a passive tower infrastructure transaction with IHS Towers. The transaction will entail the sale and leaseback of 5,709 of MTN SA’s towers –...

MTN expects earnings increase from Nigerian tower sale

MTN said it expects a 15-25 percent increase in earnings from 2014 due to the sale of its passive infrastructure in Nigeria. According to the company, Net earnings are expected to reach ZAR 16.79-18.25 per share, and headline earnings...
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African Fintech Giant Ranked as Fastest-Growing

The world’s leading financial publication confirmed Moniepoint’s accolade in its annual “Africa’s Fastest Growing Companies” survey, released yesterday. It...
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