Thursday, 27 January 2022

MTN agrees to sell and leaseback 5,700 towers to IHS Towers

by Harry Baldock, Total Telecom
Friday 19 November 21

The deal, worth $412 million, continues MTN’s ongoing divestment plan, aiming to simplify its footprint across the African continent

This week, South Africa’s MTN has further monetised its passive assets, agreeing to sell and leaseback over 5,000 of its mobile towers to African infrastructure giant IHS Towers. The deal, worth $412 million, will make IHS the largest independent tower operator in South Africa…

This week, South Africa’s MTN has further monetised its passive assets, agreeing to sell and leaseback over 5,000 of its mobile towers to African infrastructure giant IHS Towers. The deal, worth $412 million, will make IHS the largest independent tower operator in South Africa…

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