MTN Africa sells towers
Published On May 4, 2014 » 2415 Views» By Davies M.M Chanda » Business, Stories
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By JAMES MUYANWA –

MTN African has reportedly sold all of its 1,269 mobile network towers in Rwanda and Zambia to independent mobile infrastructure provider IHS Holding for an undisclosed amount.

According to international media IHS subsidiaries will own and manage 550 towers in Rwanda and 719 towers in Zambia.

Under the terms of the deal, MTN will rent the towers and collocation services from the new owners alongside its competitors in the two markets.

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