MTN Strikes $6.2bn Deal to Acquire IHS Towers in Major Telecoms Move
✍️ By Tobi | February 18, 2026 | 10:39 AM
MTN Group has reportedly reached an agreement to acquire IHS Towers in a landmark deal valued at $6.2 billion, marking one of the biggest transactions in Africa’s telecommunications sector in recent years.
According to reports, the proposed acquisition would see MTN take control of IHS Towers’ extensive portfolio of telecom infrastructure across multiple African and Middle Eastern markets, significantly reshaping the region’s tower and connectivity landscape.
Industry analysts say the deal signals a strategic shift by MTN toward owning more of its critical infrastructure, potentially reducing long-term operating costs, improving network quality, and strengthening its competitive position across key markets.
IHS Towers, one of the world’s largest independent owners and operators of telecom towers, has played a major role in supporting mobile network expansion across Africa. The acquisition, if fully completed, would bring thousands of towers under MTN’s direct control.
While regulatory approvals and final transaction details are still expected, the announcement has already sparked conversations across financial and telecom circles, with investors closely watching how the deal could impact competition, pricing, and service delivery.
Neither MTN nor IHS Towers has released a full breakdown of the agreement terms at the time of this report, but further updates are anticipated as the process unfolds.
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