None
EN
IHS exits Latin America as MTN takeover moves closer
['Frank Eleanya', 'Kenya Telecom Complaints Shift Poor Network To Fraud', 'Data Billing', 'Enterprise', 'The Surveillance System That Helped Nigeria Curb Piracy Wants To Fight Banditry', 'Ihs Shareholders Back Mtn S Bid For Full Ownership', 'Opeyemi Kareem', 'Emmanuel Nwosu', 'Phathisani Moyo', 'Adonijah Ndege']
News | TechCabal
IHS Towers has completed the sale of its Latin American tower operations to Macquarie Asset Management, exiting the region as the company reshapes its portfolio ahead of MTN Group’s planned acquisition.
The deal covers IHS Brazil and IHS Colombia, comprising approximately 9,000 tower sites.
The sale marks IHS Towers’ complete exit from Latin America, leaving the company focused on its African operations, where it has more than 28,000 towers across Nigeria, South Africa, Côte d’Ivoire, Cameroon and Zambia.
The divestment also aligns with MTN’s plan to acquire the remaining shares in IHS and take the tower company private.
For MTN, it removes IHS’s Latin American operations from the proposed acquisition and strengthens its focus on African digital infrastructure.