MTN Group looks to increase stake in IHS

MTN Group looks to increase stake in IHS

MTN Group’s head office in Johannesburg. Mobile telephony group MTN is in advanced discussions to acquire the 75% shares in tower operator IHS it doesn’t already own. This follows recent speculation regarding its intentions with respect to its stake in IHS, says the JSE-listed firm. In a cautionary notice issued on SENS this morning, MTN…

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MTN Group in talks to buy out IHS Towers

MTN Group in talks to buy out IHS Towers

MTN Group said on Thursday that it’s in advanced discussions to acquire the shares in IHS Holdings that it does not already own, a move that would see the mobile operator take control of the tower infrastructure business. In a cautionary notice to investors, MTN – which has in the past raised concerns about corporate…

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IHS SA, Project Isizwe bring free public WiFi to KwaMashu

IHS SA, Project Isizwe bring free public WiFi to KwaMashu

IHS South Africa CEO Sandile Msimango. IHS South Africa, a division of IHS Towers, has launched a public WiFi initiative in Durban’s KwaMashu township, in collaboration with Project Isizwe. The project provides unlimited, free internet access to local residents, students, job-seekers and entrepreneurs. IHS South Africa CEO Sandile Msimango comments: “Connectivity is more than a…

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