MTN’s 2.2 billion dollar IHS Towers acquisition consumes 60 percent of its fintech war chest. BETAR analyses the balance sheet impact, dividend risk, and what it means for MoMo’s product ambitions in 2026-2027.
MTN Group’s FY2025 numbers confirm the capital is intact and cash generation has accelerated. The harder question: when does the $2B acquisition war chest actually get deployed?