MTN Group sells towers in Ghana and Uganda to cut debt

MTN Group sells towers in Ghana and Uganda to cut debt

MTN Group sells towers in Ghana and Uganda to cut debt

The South African telecoms group, MTN has decided to divest its tower operations in Ghana and Uganda. The company will sell its 49% shares in Ghana Tower Interco B.V. and Uganda Tower Interco B.V. to AT Sher Netherlands Coöperatief U.A., a subsidiary of American Tower Corporation, for the sum of $523 million.

For more information, please see https://www.ecofinagency.com/telecom/0601-40799-mtn-group-sells-towers-in-ghana-and-uganda-to-cut-debt

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