IHS competes the acquisition of MTN’s towers in Rwanda, Zambia

6 May 2014

Independent mobile infrastructure provider IHS Holding Limited has completed the acquisition of 1,269 base transceiver stations (BTS) in Rwanda (719 towers) and Zambia (550 towers) from South African telecoms company MTN Group, for an undisclosed sum. As per the agreement, IHS will acquire and operate the towers and related passive infrastructure, and will invest in a build-to-suit programme to support MTN’s future requirements in both countries. Meanwhile, the South African group’s subsidiaries in the two countries – MTN Rwanda and MTN Zambia – will become the respective anchor tenants on the towers, although IHS will also offer colocation services to other operators in the two markets.

As previously reported by TeleGeography’s CommsUpdate, in December 2013 MTN Group agreed to sell its tower portfolios in Rwanda and Zambia to IHS Holding. The divestment of the infrastructure is in line with MTN’s asset optimisation strategy, and builds on two previous deals with IHS in Cameroon and Cote d’Ivoire, comprising a total of 1,758 towers.