IHS Towers completes Latin America exit ahead of MTN acquisition

IHS Towers has completed the sale of its Latin American tower operations to Macquarie Asset Management, exiting the region as the company reshapes its portfolio ahead of MTN Group’s planned acquisition.

IHS Mauritius BR Limited, a subsidiary of IHS Holding Limited, completed the transaction on August 7, 2026, following an agreement announced in February. The deal covers IHS Brazil and IHS Colombia, comprising approximately 9,000 tower sites.

The sale marks IHS Towers’ complete exit from Latin America, leaving the company focused on its African operations, where it has more than 28,000 towers across Nigeria, South Africa, Côte d’Ivoire, Cameroon and Zambia.

The divestment also aligns with MTN’s plan to acquire the remaining shares in IHS and take the tower company private.

In a statement to shareholders, note-holders, and the media, including TechCabal, MTN said the completion of the sale “aligns with the intention by MTN to acquire only IHS’s African assets as part of the Transaction.”