Article
FCCPC Imposes Structural Remedies In MTN/IHS Acquisition
The Nigerian Federal Competition and Consumer Protection Commission has conditionally approved MTN Group Limited's acquisition of IHS Holding Limited, requiring MTN to divest 30 percent of IHS's Nigerian business to local investors. This decision addresses vertical competition concerns arising from MTN's transition from minority shareholder and customer to controlling owner of a telecommunications infrastructure provider that serves multiple mobile network operators.
BREMER LF WLL