Acquiring Company
MTN Nigeria
Acquired Company
IHS Towers
Nigeria
LondonHardwareEducationE LearningSatellite CommunicationLanguage LearningCorporate TrainingCall CenterHardwareDescription
MTN Nigeria has received Approval-in-Principle from the Nigerian Communications Commission for its acquisition of IHS Towers' Nigerian business. The $2.2 billion transaction requires compliance with specific regulatory conditions before final approval can be granted. This deal aims to strengthen MTN's control over critical telecommunications infrastructure in Nigeria.
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Based on deal dataFrequently asked
Who acquired IHS Towers?
IHS Towers was acquired by MTN Nigeria, based in Nigeria. The deal was reported on August 26, 2026. MTN Nigeria is a leading telecommunications company providing essential telecommunications services to millions of Nigerians. MTN Nigeria is privately held and operates in Hardware.
When did MTN Nigeria acquire IHS Towers?
MTN Nigeria's acquisition of IHS Towers was reported on August 26, 2026. MTN Nigeria has received Approval-in-Principle from the Nigerian Communications Commission for its acquisition of IHS Towers' Nigerian business. 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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