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MTN Outsources 9,151 Telecoms Base Stations To IHS

South Africa’s telecommunications firm, MTN, yesterday, reached an agreement with IHS Holdings Limited to outsource its base station. The agreement with IHS comprise  the transfer and management of MTN towers which are up to 9,151.

According to MTN, the transaction is expected to reduce MTN Nigeria’s operating costs, drive network efficiency and expand the firm’s voice and data capacity.

Under the terms of the transaction and subject to requisite regulatory approvals, the 9,151 towers would be transferred to a new company, which would be owned jointly by MTN and HIS.

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