IHS Towers
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IHS Towers, Africa's largest telecom tower company, has renewed and extended leases on 13,500 sites with its largest customer and shareholder, MTN Nigeria, until 2032.
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IHS Towers is borrowing US$600 million for three years, though it expects to use only $370 million of it.
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IHS Towers has announced plans to extend its Project Green in order to reduce its carbon footprint at a cost of US$214 million in capital expenditure between now and 2024.
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IHS Towers has completed the acquisition of 5,701 towers in South Africa from MTN, in a deal valued at 6.4 billion South African rand (US$412 million) that makes it the country’s biggest tower operator.
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IHS Holding Limited has published its financial results for the first quarter of 2022, reporting a strong performance all-round.
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IHS Towers has appointed a new VP and CEO to head its South Africa division.
Forthcoming events
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IHS Towers has agreed to acquire 2,115 towers from a portfolio belonging to Grupo Torresur (GTS) for $315 million.
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IHS Towers has appointed Bill Bates as its senior vice president and chief strategy officer.
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IHS Towers is to acquire 5,709 telecoms towers in South Africa from MTN for approximately $412 million (ZAR 6.4 billion) in cash.
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IHS Towers, comprised of IHS Netherlands EGY BV and IHS Netherlands GCC BV, have partnered Egypt Digital Company for Investment SAE (EDCI) to build and lease telecoms towers in Egypt.
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MTN Uganda and IHS Holding have both announced further details for their respective initial public offerings (IPO).
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To spin or not to spin? América Móvil is to ask its shareholders for their approval on the sale of its tower assets.
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Zain KSA's board has approved non-binding offers from three sources to acquire stakes in its towers.
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Brazil's IHS has bought a 51% stake in TIM SA's fibre optics unit FiberCo, in a deal worth US$299 million, according to a securities filing on Wednesday.
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IHS Holding Limited has acquired Centennial Towers’ Brazilian and Colombian tower operations.
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IHS Holding Limited has completed the acquisition of Brazil's Skysites Holdings S.A the specialist provider of small cells and urban telecommunications infrastructure.
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IHS Holding Ltd (IHS) has appointment of Ursula Burns to its board of directors, effective 1 July 2020.
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Zain Group has completed the sale and leaseback of the passive physical infrastructure of its 1,620 mobile towers for $130 million to IHS Holding Limited.