2m 2m 2m 2m 2m 2m 2m
- N/AMarket Cap
- 95.59%1-Year Change
- Telecom ServicesIndustry
MTN Group Sp ADR (MTNOY)
Key Performance
More- Earnings Score: N/A
- Momentum Score: 94
- True Yield: N/A
- Financial Health Score: N/A
Latest Research & News
Why This Fund Made a $35 Million Bet on IHS Towers During a Major Shakeup
PSquared Asset Management acquired 4.3 million shares of IHS Holding Limited for approximately $35 million in Q1 2026, representing a high-conviction bet on the telecommunications infrastructure provider. The investment reflects confidence in IHS's improved financial durability following currency volatility challenges, with the company posting solid Q1 results including 6% revenue growth and reduced leverage ratios. IHS is undergoing strategic transactions including a proposed $6.2 billion sale to MTN Group.
05/14/2026, 7:23 PM • The Motley Fool
IHS Towers To Go Private In $6.2 Billion MTN Buyout
IHS Holding Limited has agreed to be acquired by MTN Group Limited in an all-cash transaction valued at $6.2 billion, with shareholders receiving $8.50 per share. The deal, unanimously approved by IHS Towers' board, represents a 239% premium over the March 2024 strategic review announcement price and is expected to close in 2026 pending regulatory approvals. Upon completion, IHS Towers will become a wholly owned subsidiary of MTN and be delisted from public markets.
02/17/2026, 2:28 PM • Benzinga
South Africa's telecommunications and electronic device retail sector is experiencing growth driven by infrastructure investments and expanding 4G/5G networks, with telecommunications revenue rising over 11% in 2024. However, the industry faces challenges including affordability constraints, network congestion, regulatory complexity, and spectrum allocation delays. Key opportunities exist in 5G expansion, affordable smartphones, digital inclusion, and emerging satellite services, with steady growth expected through 2030 despite economic headwinds.
12/23/2025, 5:49 AM • GlobeNewswire
Peers
Statistics
MoreInformation as of 06/22/2026
Company Profile
MTN GROUP LTD S/ADR
Key Executives
- Ralph Tendai Mupita
- Ebenezer Twum Asante
- Karl Olutokun Toriola
- Tsholofelo L. Molefe
- Charles Molapisi
Current Ownership Distribution
- Other1.8B (99.83%)
- Institutions2.3M (0.13%)
- Mutual Funds878,518 (0.05%)
- Insiders0 (0.00%)