Telcos: IHS Acquisition Will Boost Industry Sustainability, Network Resilience
Naija News • 4d ago
Emma Okonji
Telecoms operators (Telcos), under the aegis of the Association of licensed Telecoms Operators of Nigeria (ALTON), have said the recent acquisition of IHS Towers by MTN Group is a welcome development that will enhance industry stability and boost network resilience in the telecoms industry.
ALTON Chairman, Mr. Gbenga Adebayo, said this in Lagos, while fielding questions from the media.
According to him, “We think the recent acquisition of IHS Towers by MTN Group is a very good development for the industry, even though it is basically a commercial decision that has been taken at the ownership level. It says quite a bit of things to us as industry players. Two years ago, we were talking about sustainability of the industry, and this acquisition is a clear example that will lea...