MTN’s $2.2 billion IHS acquisition to face Nigerian regulatory review
- Bosun Tijani announced a thorough assessment of MTN's bid to acquire IHS Towers.
- MTN plans to complete a full acquisition of IHS Towers for $2.2 billion.
- IHS Towers operates over 37,000 towers across Africa and Latin America.
The proposed acquisition of IHS Towers by MTN could significantly alter the competitive landscape of Nigeria's telecommunications sector. While consolidation may lead to efficiencies, it is crucial to ensure that safeguards are in place to maintain fair access and service quality for all operators. A thorough regulatory review is essential to address potential market dominance and protect consumer interests.
