MTN's $2.2B IHS Towers Deal Under Nigerian Ministry Review

Nigeria's Ministry of Communications, Innovation, and Digital Economy will review MTN Group's proposed $2.2 billion acquisition of IHS Towers. The regulatory body will assess the transaction's impact on market competition and digital infrastructure development. IHS Towers operates critical mobile tower infrastructure across Africa, while MTN is Nigeria's largest telecommunications provider. The review could delay or alter the deal's terms, affecting MTN's expansion plans and potential service improvements for Nigerian consumers. Industry analysts suggest the ministry may require MTN to maintain existing tower-sharing agreements with competitors post-acquisition. The outcome will determine whether the deal proceeds as planned or faces significant restructuring.

SOURCE: https://techcabal.com/2026/02/17/nigeria-to-review-mtns-2-2-billion-ihs-towers-deal/