IHS exits Latin America as MTN takeover moves closer

IHS Towers has completed the sale of its Latin American tower operations to Macquarie Asset Management, marking its exit from the region as the company refocuses on its African operations. The divestiture, which includes IHS Brazil and IHS Colombia, comprises approximately 9,000 tower sites and concludes IHS's presence in Latin America.

This strategic move aligns with MTN Group’s planned acquisition of IHS’s African assets, simplifying the transaction and strengthening MTN’s focus on digital infrastructure development in Africa.

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