Telkom is considering all “viable” options for its towers and masts business, Swiftnet, including the sale of a majority stake in the company.
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MTN South Africa has completed its sale of its passive tower portfolio to IHS Towers.
The Competition Commission has okayed the acquisition by New York-listed IHS Towers of thousands of towers owned by MTN South Africa, but has attached stringent conditions to the deal.
IHS has appointed Sandile Msimango as CEO of its South African operation after its recent R6.4-billion towers deal with MTN Group.
Following a “lengthy competitive process”, MTN Group will sell a big chunk of its South African tower portfolio to IHS Towers in a R6.4-billion deal.
IHS Towers has announced it will price its upcoming New York initial public offering at $21/share.
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 affiliate, emerging markets telecommunications tower operator IHS Towers, is pursuing a possible listing on the New York Stock Exchange.
S&P Global is in advanced talks to buy IHS Markit for about US$44-billion, according to a person familiar with the matter.
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.