Report
EUR 9270.00 For Business Accounts Only

African Towers and Telcos IHS offers improved terms to MTN Nigeria regarding the 2,500 towers lost to ATC – Our thoughts

Press reports that IHS has offered improved commercial terms to MTN Nigeria regarding the 2,500 towers previously lost to ATC. This suggests that as we previously wrote there must have been a material difference in commercial terms, with the corporate governance issue secondary. Increasing evidence of competition in contract renewals is negative for Towers and positive Telcos in EM.
Underlying
MTN Nigeria Communications Plc

Provider
New Street Research
New Street Research

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  • Pan European Telecom Services and Cable
  • US Telecoms, Cable, Satellite and Towers
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Analysts
Chris Hoare

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