Africa's largest independent telecom tower company, recently turned a profit after significant losses.
BREAKING: IHS Towers cuts ties with 9mobile over unpaid bills
IHS Towers has asked 9mobile to vacate 2,576 tower sites starting in Q3 2025. The revised agreement commits 9mobile to clear parts of its long-standing debt through July 2027.
IHS Towers’ $147M Q3 profit driven by naira gains, masking MTN churn
IHS Towers reported a profit of $147.4 million for the third quarter, reversing a loss from the previous year. The profit was primarily driven by a $353.6 million favorable swing in net finance costs due to the appreciation of the Nigerian naira.
IHS, ATC, get two-month deadline to improve internet quality
The NCC has given ATC a two-month ultimatum to improve internet quality. Widespread complaints from subscribers highlight slow data speeds and frequent disconnections.
Pan African Towers appoints Echezona Osi as CEO
Echezona Osi has been appointed as the new CEO of Pan African Towers effective July 1, 2025. Osi succeeds Oladipo Badru, who served as acting CEO for nine months.
MTN Nigeria set to earn record ₦4.9 Trillion in 2025 – Here’s why
MTN Nigeria is expected to generate ₦4.9 trillion in revenue by the end of 2025. The company reported a ₦133.7 billion profit in Q1 2025 after two years of losses.
