Acquiring Company
MTN Group
Acquired Company
IHS Towers
Description
MTN Group has received approval for its $6.2 billion acquisition of IHS Towers from Nigeria’s FCCPC. MTN aims to fully own IHS, increasing its control over telecommunications infrastructure in Africa. The transaction is expected to close in the second half of 2026, subject to remaining regulatory approvals. Shareholders have already approved the deal, marking a strategic move for MTN in the telecom sector.
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Based on deal dataFrequently asked
Who acquired IHS Towers?
IHS Towers was acquired by MTN Group, based in Ghana. The deal was reported on August 26, 2026. Nuovo sito web MTN Group is publicly traded (MTNOY).
When did MTN Group acquire IHS Towers?
MTN Group's acquisition of IHS Towers was reported on August 26, 2026. MTN Group has received approval for its $6.2 billion acquisition of IHS Towers from Nigeria’s FCCPC. MTN aims to fully own IHS, increasing its control over telecommunications infrastructure in Africa. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does IHS Towers do?
IHS Towers is one of the largest independent owners, operators and developers of shared communications infrastructure in the world by tower count and is the largest independent multinational towerco solely focused on the emerging markets. It is privately held, operating in Hardware, and is based in London.
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