ihs towers

  1. Hanno Labuschagne

    MTN reveals pro forma profit from potential IHS acquisition

    MTN reveals pro forma profit from potential IHS acquisition MTN Group revealed its takeover of international cellular tower infrastructure company IHS resulted in a pro forma profit of R2.011 billion in its 2025 financial year. The African telecoms giant announced it would purchase the...
  2. Jan

    IHS Towers seeks JPMorgan's in MTN dispute over hostile takeover fears

    IHS Seeks JPMorgan’s Advice as Management Fears Hostile Takeover IHS Holding Ltd. is consulting with JPMorgan Chase & Co. for advice regarding an escalating standoff with its largest shareholders over how the African tower operator is run, according to people familiar with the matter. The move...
  3. Jan

    IHS Towers considers buying Telkom's tower unit

    MTN-owned company considers buying Telkom's cellular towers New York-listed IHS Holding Ltd. is weighing a bid for South Africa’s Telkom SA SOC’s tower unit, according to people familiar with the matter. Deliberations are focused on the structure of the potential deal, although Telkom remains...
  4. Jan

    MTN sells 5,701 towers to lease back from IHS

    MTN completes sale and lease-back deal for 5,701 towers IHS Holding Limited has completed the acquisition of 5,701 towers in South Africa from MTN SA. Under the agreement, IHS Towers is also providing power management services to MTN SA on approximately 13,000 sites, including the acquisition...
  5. Jan

    Competition Commission approves MTN's tower sale to IHS Towers - with conditions

    MTN gets green light to sell its towers in South Africa — with strict conditions The Competition Commission announced on Wednesday evening that it has approved, with conditions, MTN’s sale of 5,713 cellular masts in South Africa to IHS Holding Limited (IHS Towers). MTN and IHS confirmed the...
  6. Jan

    IHS Towers launches South Africa division and appoints ex-MTN exec as CEO

    Cellphone tower giant appoints ex-MTN exec as South Africa CEO IHS Holding Limited, known as IHS Towers, has appointed Sandile Msimango as Vice President and CEO of IHS South Africa. Msimango was the MTN Group head of passive infrastructure investments and management between 2009 and 2015...
  7. Jan

    MTN South Africa sells its towers for R6.4 billion - plans to buy spectrum with the money

    MTN sells its towers in South Africa MTN has announced that its South African division has finalised a transaction to sell and leaseback 5,709 of its towers—comprising around 4,000 greenfield and 1,700 rooftop sites—to IHS Towers for about R6.4 billion. Proceeds will be reinvested into...
  8. Jan

    MTN-owned IHS Towers announces IPO share price

    MTN will own R26.4 billion in tower company after New York Stock Exchange listing Independent telecommunications company IHS Towers has announced its initial public offering (IPO) will be priced at $21.00 per share. South African mobile network operator MTN currently has a 29% stake in the...
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