Browsing: IHS

MTN sells phone towers for $284m

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MTN Group has reached an agreement to sell as many as 931 base stations in Cote d’Ivoire and 827 base stations in Cameroon to IHS Holding Limited for US$141m and $143m respectively, for a total transaction of $284m (R2,4bn). Under the deal, HIS will be the 100% shareholder of the tower companies to be set up in