MTN has formed a new company

• MTN has formed a new company called Africa Data Hub Holding Limited, which will combine MTN's African footprint with international investment backing and specialist data centre expertise.
• The new company will serve as the platform for MTN's future digital infrastructure opportunities, with a focus on accelerating the development of its data centre aspirations and entering the AI market.
• The move is expected to position MTN for significant growth and value creation in Africa's rapidly digitizing markets, with key priority markets identified as South Africa and Nigeria.