Acquiring Company
MTN
Acquired Company
IHS Towers
South AfricaHardwareMobileVoipWirelessTelecommunicationsHardwareDescription
MTN Group has agreed to acquire IHS Towers in a significant $6.2 billion cash deal. This acquisition marks a strategic shift for MTN as it seeks to regain control over its infrastructure assets. The move is part of a broader trend among African telecom operators to consolidate in response to rising costs and the need for improved service quality.
Quick answer
MTN is acquiring IHS Towers for $6.2 billion, announced April 21, 2026. MTN is based in South Africa.
- How much did MTN pay for IHS Towers?
- The reported deal value is $6.2 billion.
- What does MTN do?
- MTN is a pan-African mobile operator with the strategic intent of ‘Leading digital solutions for Africa’s progress’.
- Where are MTN and IHS Towers based?
- MTN is based in South Africa.
- Who are the decision-makers at MTN?
- Fundz holds 2 contacts at MTN. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Telefônica acquires FiBrasil network for $82mn, $82M (May 19, 2026)
- Simba proposes to acquire M1, review suspended (May 18, 2026)
Who to call at MTN, and when
When MTN changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day MTN raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at MTN, from your own LinkedIn network
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Frequently asked
Who acquired IHS Towers?
IHS Towers was acquired by MTN, based in South Africa. The deal was reported on April 21, 2026. MTN is a pan-African mobile operator with the strategic intent of ‘Leading digital solutions for Africa’s progress’. MTN is privately held and operates in Hardware.
When did MTN acquire IHS Towers?
MTN's acquisition of IHS Towers was reported on April 21, 2026. MTN Group has agreed to acquire IHS Towers in a significant $6.2 billion cash deal. This acquisition marks a strategic shift for MTN as it seeks to regain control over its infrastructure assets. 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.
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