$IHS

South Africa's Competition Commission recommended conditional approval for MTN's R36bn ($2.2bn) acquisition of IHS Towers, which owns 29,000 tower assets across Africa. MTN already held 25% of IHS, with the rest publicly traded on the NYSE. The deal aims to strengthen MTN's strategic and financial position in digital infrastructure, according to MTN Group CEO Ralph Mupita. The commission set conditions to prevent disadvantage to other network operators and ensure fair continental competition.

IHS Cameroon (NYSE: IHS) and Orange Cameroun launched DIGIT4HER, a one-year program to empower 200+ young women in Cameroon with digital, financial, and entrepreneurial skills. The initiative aims to enhance employability and foster business creation in Buea, Dschang, and Ngaoundéré. IHS and Orange will provide training, mentorship, and post-training support.

MTN Group received approval from the Competition Tribunal to acquire the remaining 75% of IHS Towers for $2.2bn, with conditions to protect competition, jobs, and customers. The deal, valued at $6.2bn, is expected to enhance MTN's network capabilities and financial performance, with IHS set to delist from the NYSE.

Telecom industry sources allege that transactions involving Mafab Communications, IHS Towers, and MTN Nigeria could make President Bola Ahmed Tinubu a major MTN shareholder. Mafab is negotiating to transfer its spectrum assets to MTN, while MTN is acquiring IHS Towers for $6.2 billion. The deals require regulatory approval and could be completed by October. Sources claim the transactions are interconnected and involve Alpha Beta Consulting LLP, linked to Tinubu.

MTN Group is acquiring IHS Holding Limited, valuing it at $6.2B. IHS shareholders will receive $8.50 per share. The deal raises antitrust concerns as MTN, Africa's largest mobile operator, would own infrastructure used by competitors. Regulators have granted conditional approval, requiring MTN to sell 30% of the Nigerian IHS business to local investors.

MTN Group received conditional approval from the FCCPC for its $6.2 billion acquisition of IHS Towers, subject to disposing of up to 30% of the Nigerian business. MTN expects the deal to boost revenue and cash flow, with completion targeted for late 2026. IHS Towers shareholders have already approved the transaction, which will delist the company from the NYSE.

MTN Group is in talks with local investors to sell a 30% stake in IHS Nigeria, as required by regulators. The deal, part of MTN's $2.2B acquisition of IHS Towers, could raise $900M-$1.1B. Regulators mandated the sale to ensure fair competition and local investment in critical infrastructure. IHS Nigeria operates 18,000 mobile towers and will delist from the NYSE post-acquisition.

MTN Group is seeking local investors to buy a 30% stake in IHS Nigeria, potentially raising $900M-$1.1B. The sale aims to pay down debt and comply with Nigerian regulations. IHS Nigeria operates 18,000 mobile towers and is a key asset of NY-listed IHS Holdings.

MTN Nigeria received an Approval-in-Principle (AiP) from the Nigerian Communications Commission (NCC) for its $2.2 billion acquisition of IHS Towers' Nigerian business, but final approval depends on meeting regulatory conditions. The NCC requires MTN to maintain market access, avoid exclusivity, and submit an investment plan. The deal, valued at $6.2 billion, still needs approvals in other markets and is expected to close in late 2026.

MTN Group received conditional approval from Nigeria's FCCPC to acquire the remaining stake in IHS Towers for $2.2 billion, with a requirement to sell 30% of its stake in IHS Nigeria. MTN accepted the condition, aiming to retain majority control. The deal addresses competition concerns and could help MTN manage financial implications. MTN reported moderated service revenue growth in H1 2026 but expects acceleration in H2.