0
Wireless

MTN transfers Nigeria shareholder loan to IHS to speed up network roll-out

Thursday 28 December 2017 | 10:24 CET | News
MTN Group has transferred a shareholder loan to IHS in order to help speed up the roll-out of MTN Nigeria's network. The company will realise a loss on the accounting change for the USD 231 million loan.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Mobile & Wireless
Companies: MTN / MTN Nigeria
Countries: Nigeria
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

IHS Towers files for IPO on New York Stock Exchange

Published 17 Sep 2021 11:58 CET | Africa
IHS Holding has filed a registration statement with the US Securities and Exchange Commission relating to a potential IPO on the ...

MTN Group reports organic revenue growth of 6.8% for 2017, despite drop in subscribers

Published 08 Mar 2018 10:29 CET | Africa
MTN Group said its revenue increased by 6.8 percent on an organic basis to ZAR 132.8 billion in 2017. Underlying service revenue ...