MTN Group has secured shareholder approval to acquire the remaining shares in IHS Holding Limited, clearing a major hurdle in its plan to take full ownership of the telecommunications tower company. IHS shareholders approved the transaction at an Extraordinary General Meeting held on August 4, 2026, meeting the required two-thirds majority for the special resolution. The approval allows MTN to proceed with the merger, under which a Sub-Merger Co – a temporary company established by MTN for the transaction – will merge into IHS and cease to exist. IHS Holding Limited will remain the surviving legal entity and become a wholly-owned subsidiary of MTN. “The approval by IHS shareholders is an important step toward completion of the Transaction,” said Ralph Mupita, MTN Group president and chief executive.