IHS competes the acquisition of MTN's towers in Rwanda, Zambia
6 May 2014
Rwanda Zambia
Independent mobile infrastructure provider IHS Holding Limited has
completed the acquisition of 1,269 base transceiver stations (BTS) in
Rwanda (719 towers) and Zambia (550 towers) from South African
telecoms company MTN Group, for an undisclosed sum. As per the
agreement, IHS will acquire and operate the towers and related passive
infrastructure, and will invest in a build-to-suit programme to
support MTN's future requirements in both countries. Meanwhile, the
South African group's subsidiaries in the two countries – MTN Rwanda
and MTN Zambia – will become the respective anchor tenants on the
towers, although IHS will also offer colocation services to other
operators in the two markets.
As previously reported by TeleGeography's CommsUpdate, in December
2013 MTN Group agreed to sell its tower portfolios in Rwanda and
Zambia to IHS Holding. The divestment of the infrastructure is in line
with MTN's asset optimisation strategy, and builds on two previous
deals with IHS in Cameroon and Cote d'Ivoire, comprising a total of
1,758 towers.
Rwanda, Zambia, MTN Group, MTN Rwanda, MTN Zambia, IHS Towers, Wireless
http://www.telegeography.com/products/commsupdate/articles/2014/05/06/ihs-competes-the-acquisition-of-mtns-towers-in-rwanda-zambia/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+telegeography%2Fcommsupdate+%28TeleGeography+CommsUpdate%29
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SIBOMANA Jean Bosco
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