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Emmanuel Nwosu


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MTN secures Nigeria’s approval to acquire IHS Towers


Image Source: Tenor

MTN Group, Africa’s largest telecom company, has cleared a major hurdle in its $2.2 billion takeover of IHS Towers in Nigeria. But regulators have ensured the telecom giant doesn’t get the whole tower cake.

What happened? Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC), the competition watchdog, has given MTN conditional…



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