MTN Group said American Tower Corporation will take over its Nigerian tower operations from IHS Holding from 2025.
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MTN South Africa is targeting 99% network availability during stage-6 load shedding, the CEO of parent MTN Group said.
IHS Holding is consulting with JPMorgan Chase & Co for advice regarding an escalating standoff with its largest shareholders.
Telkom is just weeks away from announcing the sale of its masts and towers business.
IHS Holding is weighing a bid for Telkom’s tower unit, according to people familiar with the matter.
Orange is considering strategic options for its African and Middle Eastern mobile towers business, including stake sales, sources said.
The Rohatyn Group said it will acquire South Africa’s Ethos Private Equity to help the US investment firm expand on the continent.
Telkom is considering all “viable” options for its towers and masts business, Swiftnet, including the sale of a majority stake in the company.
MTN South Africa has completed its sale of its passive tower portfolio to IHS Towers.
The Competition Commission has okayed the acquisition by New York-listed IHS Towers of thousands of towers owned by MTN South Africa, but has attached stringent conditions to the deal.