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Maroc Maroc - IT-ONLINE.CO.ZA - A La Une - 18/Feb 09:42

MTN to buy out tower operator

In a $2,2-billion transaction, the MTN group has agreed to acquire the 75,3% of tower operator IHS shares that it doesn’t already own, with particular focus on the company’s African operations. The all-cash transaction will be funded from IHS cash balances and MTN funding sources. In terms of the agreement, IHS will conclude the already-announced […]

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