Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag MTN Group is in advanced talks to buy 75% of IHS Holdings for $2.76 billion to boost infrastructure and 5G in Africa.

flag MTN Group is in advanced talks to acquire a 75% stake in IHS Holdings, a major telecom tower operator in Africa and other regions, in a potential deal valued at about $2.76 billion based on IHS’s last NYSE closing price of $8.23 per share. flag The move, if completed, would give MTN greater control over its infrastructure in Nigeria and South Africa, enhancing network efficiency and supporting 5G expansion. flag No final agreement has been reached, and the transaction remains subject to negotiation and regulatory approval. flag MTN said it may explore other options if the deal fails, while reaffirming its commitment to disciplined capital allocation.

11 Articles