MTN buys controlling stake in Afrihost

Mobile operator MTN is acquiring a controlling 50% stake in Internet service provider Afrihost for an undisclosed sum.

In an e-mail to Afrihost clients on Monday, the service provider’s CEO, Gian Visser, says MTN is buying 50% plus one Afrihost share. The existing shareholders, including management, will retain the remaining 50% of the company.

Read more: MTN buys controlling stake in Afrihost | TechCentral.

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