Storyline
MTN Absorbs IHS Towers
Timeline
- Fri, Aug 14LatestUnverified — not yet reviewed
IHS Towers Revenue Rises 8.2% in H1 but Energy Costs Squeeze Margins
IHS Towers has reported 8.2 percent revenue growth for the first half of 2026, though rising power costs are constraining profit margins across the company's African tower portfolio. The results provide a more granular breakdown of the financial dynamics first disclosed in H1 reporting on August 12.
- Wed, Aug 12Unverified — not yet reviewed
IHS Towers Revenue Rises 8% but Diesel and Merger Costs Squeeze Profits
IHS Towers has reported an 8 percent increase in revenue, though diesel costs and merger-related expenses are limiting the conversion of that growth into profit. The results provide a financial health benchmark for tower infrastructure across the multiple African markets where IHS operates.
- Sat, Aug 8Unverified — not yet reviewed
IHS Exits Latin America, Clearing Path for MTN Full Takeover
IHS Towers has completed its exit from Latin American operations, clearing a key structural obstacle as MTN's full takeover of the tower company moves closer to finalisation. The divestiture reshapes the geographic footprint of Africa's largest independent tower infrastructure group ahead of the transaction closing.
- Thu, Aug 6Unverified — not yet reviewed
MTN Nears Full Takeover of IHS Towers After Shareholder Approval
IHS shareholders have approved MTN's plan to take full ownership of the tower company, with the deal now awaiting regulatory approvals across multiple African markets. The transaction would give MTN direct control of Africa's largest independent tower infrastructure group, reshaping ownership structures across the continent.