Bosun Tijani

Minister of Communications, Innovation and Digital Economy, Nigeria

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MTN wins conditional approval for $6.2 billion IHS Towers acquisition

As of August 2026: Pushed for review of the deal's competition impact

MTN Group, Africa's largest mobile operator, cleared the biggest regulatory hurdle in its $6.2 billion takeover of IHS Holdings in late August. Nigeria's competition regulator approved the deal on one major condition: MTN must sell up to 30% of the Nigerian tower business to local investors.

Updated Aug 31