MTN Group

MTN Group has agreed to acquire IHS Towers' African operations for $6.2 billion, aiming to increase its shareholding to 100% and take the company private. This move is expected to strengthen MTN Group's strategic and financial position by internalizing margins, improving cost predictability, and unlocking long-term value. However, the acquisition is subject to a comprehensive regulatory review by the Federal Government of Nigeria.

MTN Group's Nigerian subsidiary, MTN Nigeria, has temporarily suspended its Xtratime service to comply with new consumer lending regulations. This move is not expected to significantly affect its financial performance, as Xtratime contributes a small portion to its overall revenue. MTN Nigeria is also expanding fibre connectivity to 8 million Nigerian households by 2028.

MTN Group has completed the separation of its mobile money business in Ghana, aligning with its strategy to scale financial services across Africa. This move is a significant step in its broader fintech ambitions, including a partnership with Mastercard.

MTN Group hosted the Global Leadership Gathering (GLG) 2026, where it recognized MTN Group===MTN Group as its top-performing operating company. This event serves to celebrate outstanding performance and reinforce leadership standards across its operations.

MTN Group is a leading African operator in the G6 group, committed to the GSMA's initiative to bring low-cost 4G devices to market and reduce the usage gap.