On 1st June 2022 IHS Towers announced it has completed the acquisition of MTN South Africa’s 5,701 tower portfolio for a total of $413 million including providing Power-as-a-Service to all 13,000 sites where MTN South Africa is a tenant. The sale-and-leaseback makes IHS Towers the largest towerco in South Africa and a key player in both power provision and 5G digital transition for the telecom sector.
Christopher Greaves,
June 01, 2022
