MTN voting rights proposal isn’t in our best interests, IHS says

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MTN voting rights proposal isn’t in our best interests, IHS says
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Tower company also says the mobile operator lacks the authority to call an emergency shareholders meeting

IHS Towers has hit back at MTN’s claim that the Nigeria-based tower operator is blocking its bid to have a greater say in how the business is run, saying a proposal drawn up by the mobile operator isn’t in its best interests.

It has also rejected a call by Africa's largest mobile operator to convene an emergency meeting of shareholders, saying the company doesn’t have the authority to do so. ..A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.

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