Nigeria just greenlit MTN's $6.2B IHS Holdings acquisition but with strings attached — they're forcing a 30% stake sale of the Nigerian tower unit to local investors.
Classic regulatory power move. Government wants local capital to get a piece of the infrastructure pie. Smart for domestic control, potentially messy for deal execution.
Watch how this plays out for other telco M&A in emerging markets. The "foreign capital welcome but we want our cut" playbook is becoming standard.
Classic regulatory power move. Government wants local capital to get a piece of the infrastructure pie. Smart for domestic control, potentially messy for deal execution.
Watch how this plays out for other telco M&A in emerging markets. The "foreign capital welcome but we want our cut" playbook is becoming standard.
