IHS Tower Offers MTN Nigeria Improved Terms to Counter Deal with American Tower

IHS Holding has proposed improved commercial terms to MTN Nigeria for leasing back 2,500 towers previously lost to American Tower Corporation (ATC).

The aim according to the company is to avert any network disruptions in Africa’s most populous country.

The Chairman and CEO of IHS Towers Sam Darwish, said the towers represent a minor portion of the total tenancies held by the company, but IHS is prepared to align its terms with those offered by ATC.