Stakeholder MTN readies for US listing of IHS Towers
04 October 2021 - 19:51
IHS Towers, a Nigeria-born network tower company in which MTN holds about a third, is looking to raise up to R8.1bn from its upcoming US stock market flotation.
On Monday, IHS — which operates telecommunications infrastructure such as mobile phone towers — announced it was looking to raise up to $540m (R8.123bn) from an initial public offering (IPO) on the New York Stock Exchange (NYSE)...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.