--- title: The real reason MTN is bringing its towers back in-house description: MTN Group's $2.2-billion acquisition of the remaining 75.3% of IHS Towers is driven by unique circumstances in the MTN-IHS relationship rather than a broader... canonical: https://daily.dev/posts/the-real-reason-mtn-is-bringing-its-towers-back-in-house-e1axot2ju twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: The real reason MTN is bringing its towers back in-house | daily.dev og:description: MTN Group's $2.2-billion acquisition of the remaining 75.3% of IHS Towers is driven by unique circumstances in the MTN-IHS relationship rather than a broader... og:url: https://daily.dev/posts/the-real-reason-mtn-is-bringing-its-towers-back-in-house-e1axot2ju og:image: https://api.daily.dev/og/posts/e1Axot2Ju.png og:image:alt: The real reason MTN is bringing its towers back in-house og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # The real reason MTN is bringing its towers back in-house **[TechCentral](https://daily.dev/sources/techcentral)** · 5 min read · 0 upvotes · 0 comments ## Summary MTN Group's $2.2-billion acquisition of the remaining 75.3% of IHS Towers is driven by unique circumstances in the MTN-IHS relationship rather than a broader industry reversal of the asset-light model. Key factors include restructuring long-term lease liabilities, resolving corporate governance disputes, and reducing Nigerian naira/USD currency exposure. Industry analyst Andre Wills explains that while the deal makes sense for MTN given its existing 25% stake and balance sheet strength, most operators globally still lack the financial capacity or strategic incentive to reacquire tower assets. Infrastructure ownership strategies vary widely by country, market size, geography, and local regulation, as illustrated by contrasting approaches from Vodacom, Cell C, and operators in the DRC and Egypt. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [MTN to buy back its own cellular towers in R35-billion deal](https://daily.dev/posts/mtn-to-buy-back-its-own-cellular-towers-in-r35-billion-deal-8cqesjwke) · TechCentral · 0 upvotes · 0 comments - [MTN lines up partners for African AI data centre play](https://daily.dev/posts/mtn-lines-up-partners-for-african-ai-data-centre-play-juhntcdis) · TechCentral · 0 upvotes · 0 comments - [Inside MTN’s plan to turn its towers into AI hubs](https://daily.dev/posts/inside-mtn-s-plan-to-turn-its-towers-into-ai-hubs-15ed9yery) · TechCentral · 0 upvotes · 0 comments - [Deutsche Telekom buys Macquarie’s Polish fibre and TV assets in a €1bn bet on convergence](https://daily.dev/posts/deutsche-telekom-buys-macquarie-s-polish-fibre-and-tv-assets-in-a-1bn-bet-on-convergence-fnrtytt0t) · The Next Web · 0 upvotes · 0 comments - [The trap inside South Africa’s banking MVNO boom](https://daily.dev/posts/the-trap-inside-south-africa-s-banking-mvno-boom-brutnlpgf) · TechCentral · 0 upvotes · 0 comments --- Tags: [#tech-news](https://daily.dev/tags/tech-news), [#business](https://daily.dev/tags/business), [#infrastructure](https://daily.dev/tags/infrastructure) [View this post on daily.dev](https://daily.dev/posts/the-real-reason-mtn-is-bringing-its-towers-back-in-house-e1axot2ju) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"The real reason MTN is bringing its towers back in-house","url":"https://daily.dev/posts/the-real-reason-mtn-is-bringing-its-towers-back-in-house-e1axot2ju","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/the-real-reason-mtn-is-bringing-its-towers-back-in-house-e1axot2ju"},"datePublished":"2026-02-22T16:04:09.268Z","dateModified":"2026-02-22T16:04:32.281Z","description":"MTN Group's $2.2-billion acquisition of the remaining 75.3% of IHS Towers is driven by unique circumstances in the MTN-IHS relationship rather than a broader...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/b76492484f9103d62b9f1674a91a60ec?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/b76492484f9103d62b9f1674a91a60ec?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"TechCentral","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"TechCentral","logo":"https://media.daily.dev/image/upload/s--RsqLDZrL--/f_auto/v1717745297/logos/techcentral","url":"https://daily.dev/sources/techcentral"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/the-real-reason-mtn-is-bringing-its-towers-back-in-house-e1axot2ju","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"tech-news,business,infrastructure","timeRequired":"PT5M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"TechCentral","item":"https://daily.dev/sources/techcentral"},{"@type":"ListItem","position":3,"name":"The real reason MTN is bringing its towers back in-house"}]} ```