IHS Towers closes tower sale and leaseback deal with MTN SA
IHS Towers has completed the acquisition of 5,701 towers from MTN South Africa for ZAR6.4 billion (US$412.5 million) as part of a leaseback agreement.
Source: developingtelecoms.com
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MTN SA Completes Sale of Over $400-Million in Towers Acquisition - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and Reports
MTN South Africa has completed a sale of $410-million in an IHS Holding Limited (IHS Towers) acquisition of 5,701 towers in South Africa from the mobile telecommunications company. Under the agreement, IHS Towers is also providing Power Management Services to MTN SA on approximately 13,000 sites, including the acquisition portfolio, across South Africa. IHS Towers […]
Source: itnewsafrica.com