MTN Makes Deal with American Tower to Run its Nigerian Towers
- IHS previously held the contract for 2,500 mobile tower sites
- MTN and IHS also in a shareholder dispute over governance
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Africa’s biggest wireless firm MTN Group Ltd. said American Tower Corp. will take over its Nigerian tower operations from IHS Holding Ltd. from 2025.
The company said it was pro-actively re-negotiating its tower contracts in Nigeria as the lease of approximately 2,500 of its network sites in its largest market, for which IHS had provided services, will expire in 2024 and 2025.