IHS Towers records ‘solid’ revenue growth

IHS Towers records ‘solid’ revenue growth

Tower firm IHS delivered higher revenue in 2025 than in 2024. Tower operator IHS’s full-year performance for 2025 shows the company generated 3.6% more revenue in 2025 than in 2024. The firm yesterday released its financial results for the fourth quarter and full year ended 31 December, with revenue from continuing operations rising 3.6% to…

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MTN makes a bold u-turn and buys back its own towers

MTN makes a bold u-turn and buys back its own towers

In a move that fundamentally reshapes the African telecommunications landscape, MTN Group has agreed to acquire the remaining shares of IHS Towers that it does not already own. The deal, valued at approximately $2.2 billion (R35.3 billion), will see Africa’s largest mobile operator seize full control of nearly 29,000 towers across the continent. This transaction…

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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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Africa: Researchers Identify One of the Largest Water Towers in Southern Africa in Angola

Africa: Researchers Identify One of the Largest Water Towers in Southern Africa in Angola

Luanda — Angolan and National Geographic researchers have confirmed the existence of one of the largest water towers in southern Africa in Angola’s central highlands, where major rivers such as the Zambezi, Kwanza, and Congo originate. The Vice President, Esperança da Costa, announced this on Tuesday at the opening ceremony of the Southern African Science…

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