IHS Towers certainly took its time to join the phone mast party but it will still enjoy the attention of investors and bring a huge windfall to one its biggest shareholders, MTN Group.

The operators of telecoms infrastructure that beams signals and is often considered an intrusive eyesore, set the ball in motion for a US initial public offering, marketing a portion of itself (nearly 25-million shares, at between $21 and $24 each, according to a filing the the US Securities and Exchange Commission lodged this week.  ..

This article is free to read if you register or sign in.

If you have already registered or subscribed, please sign in to continue.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.