IHS settlement with key shareholder Wendel seen placing more limits on MTN

January 17, 2024

IHS acquires more MTN’s towers to become largest asset owner in SA

The agreement also sees IHS Towers provide Power-as-a-Service (PaaS) to MTN at approximately 12,800 sites across South Africa.

Nigeria’s IHS Towers is taking steps to improve relations with its biggest shareholders, announcing a settlement on Tuesday with Wendel Group on governance issues at the cellphone tower company. The agreement could further limit MTN’s control over the company. This is the latest in a ser

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