IHS Holding Limited, the telecom infrastructure company managing towers for MTN and Airtel, reported a 19.3 per cent year-on-year drop in fourth-quarter revenue to $258.9m, citing the sharp devaluation of the naira and revised contract terms with MTN Nigeria as key factors.
The company disclosed its financial results for the fourth quarter and full year ended December 31, 2024, in a report obtained on Thursday.
It stated that while revenue…
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