MTN Group restructures wholesale infrastructure business GlobalConnect

Agence Ecofin writes that South Africa-based MTN Group is conducting a major restructuring of its wholesale infrastructure business GlobalConnect, transforming it into an infrastructure operating company. The evolved operation will reportedly operate as the Group’s primary commercial vehicle, contributing to the consolidation of its international and national wholesale activities, and helping to provide reliable solutions for MTN’s fixed connectivity and international mobile services (e.g. SMS, signalling, roaming and interconnection). MTN GlobalConnect is based in Dubai, a strategic telecoms hub linking Africa and the Middle East to the rest of the world.