Telecoms company MTN Group Ltd. said American Tower Corp. will take over its Nigerian tower operations from IHS Holding Ltd. from 2025.

The company said its contract with IHS Holding on the management of 2,500 of its network sites in Nigeria, which is its largest market, will expire in 2024 and 2025.

“Following a review of the bids received for tower services for the affected sites, ATC Nigeria Wireless Infrastructure Solutions Limited (ATC) was selected as the preferred tower company for those sites based on its superior submission,” MTN secretary Uto Ukpanah said in a statement Thursday.

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The shift in partnership follows a souring of relations between MTN and IHS. Last year, MTN completed a sale-and-leaseback deal with
https://pluboard.com/2023/09/08/companies/mtn-nigeria-dumps-tower-manager-ihs-for-american-tower/