MTN bargain with IHS to reduce cost

Nigeria's top mobile operator MTN reaches an agreement with HIS to sell 9 151 mobile towers in Nigeria.

MTN said this deal will reduces its costs and boost its call and data capacity in Nigeria.
The latest IHS tie-up with MTN, Nigeria's top mobile operator with a 46% share of subscribers, is the fifth between the companies following transactions in Ivory Coast, Cameroon, Rwanda and Zambia in the past two years.
IHS will take operational control of the jointly owned company in a deal due to close in the fourth quarter, subject to regulatory approvals, Lagos-based IHS said on Thursday. readmore on www.fin24.com