Private equity firm Actis is in talks to buy Swiftnet, the mast and tower business owned by Telkom, sources said.
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Tower operator IHS and its second largest shareholder, Wendel, have reached an agreement on corporate governance matters.
MTN South Africa is targeting 99% network availability during stage-6 load shedding, the CEO of parent MTN Group said.
IHS Holding is consulting with JPMorgan Chase & Co for advice regarding an escalating standoff with its largest shareholders.
Telkom is just weeks away from announcing the sale of its masts and towers business.
IHS Holding is weighing a bid for Telkom’s tower unit, according to people familiar with the matter.
MTN Group is working with advisers at JPMorgan on the planned separation of its financial technology business, people with knowledge of the matter said.
IHS Holding is looking to raise up to $540-million in a US initial public offering that could value it at about $8-billion, a regulatory filing showed.
MTN Group is looking to sell and lease back part of its portfolio of 13 000 South African towers, a sign that new CEO Ralph Mupita is looking to build on a disposal plan kicked off by his predecessor.
Wireless towers operator IHS Holding is exploring a potential IPO, shareholder Wendel said on Tuesday, in a deal that could be the biggest listing ever by an African company in the US.