Africa's largest independent telecom tower company, recently turned a profit after significant losses.
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.
Naira Boost, improved revenue drives IHS Towers to profitability since 2021
IHS Towers recorded a profit of $30.7 million in Q1 2025, ending a streak of losses since 2021. The company had a $1.5 billion loss in Q1 2024, showcasing a significant turnaround.
MTN Nigeria returns to the black with ₦133.7 billion Q1 profit, first since 2023
MTN Nigeria returned to profitability with a profit of ₦133.7 billion in Q1 2025. The telecom firm added 3.2 million new subscribers, bringing the total to 84 million.
