Wednesday, September 18, 2024
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IHS

Mobile and Telecoms

MTN, IHS patnership strengthened through new deal

Staff Writer -
MTN Group today announced that it will exchange its 51% interest in Nigeria Tower InterCo B.V., the parent company of INT Towers Limited (INT), the Nigerian telecom tower operator, for an additional shareholding in IHS Holding Limited (IHS Group),...
Mobile and Telecoms

Nigeria: Infracos set to connect 60 cities to broadband

Staff Writer -
According to a report by ngrguardiannews.com, Lagos as well as 60 other cities, in the North Central zone of Nigeria, are set to receive improved broadband services. The report revealed that MainOne Cable will be in charge of the Lagos...
East Africa

Rwanda: Airtel sells off towers to IHS

Staff Writer -
Airtel Rwanda has finalised the sale its mobile towers, with IHS taking hold of the assets. According to Airtel, the deal will see a vast majority of mobile subscribers enjoy networks that are more stable. Additionally, the company revealed...
East Africa

Rwanda: Airtel to divest telecom tower assets to IHS

Staff Writer -
Bharti Airtel, through its subsidiary company Bharti Airtel International, and IHS Holding Limited (IHS) have revealed an agreement under in which IHS will acquire over 1100 telecoms towers across two countries. According to Airtel, the agreement will allow it to...
Mobile and Telecoms

Nigeria: IHS Towers reveals US $2.6 billion capital raise

Staff Writer -
IHS, an African independent mobile telecommunications infrastructure provider, has inked agreements for a capital raise of US$2.6 billion comprising equity of US$2 billion and a loan facility of US$600 million. According to the company, this represents the largest equity raise...
Mobile and Telecoms

Etisalat Nigeria & IHS sign tower sale & lease back agreement

Staff Writer -
Etisalat Nigeria has revealed the sale of 2,136 of its towers to IHS Holding Limited. According to the company, the sale is part of a broader strategy that is intended to drive improvements in the quality of its network...
Mobile and Telecoms

IHS completes MTN tower take-over

Staff Writer -
IHS Holding Limited (IHS), one of Africa’s largest independent mobile infrastructure provider, announced today that it has completed the acquisition of 1,269 mobile network towers from MTN Group Limited’s operations in Rwanda and Zambia representing 100% of MTNs towers in the...
Mobile and Telecoms

MTN, Orange, Airtel to sell of towers in Nigeria

Staff Writer -
Pan-African mobile operator MTN, Bharti Airtel and Orange are in talks to sell off more mobile network towers across the continent. According to media reports, MTN plans to sell towers valued at $1 billion in Nigeria, and Bharti of India...
Mobile and Telecoms

Tower company IHS secures $490 million in funding

Staff Writer -
Africa’s largest independent telecommunications infrastructure company IHS Holding has announced that they have managed to secure $490 million of equity and debt in its latest financing round. “This is strong validation of the growing strength of the IHS platform throughout...
People

New CCO at Nigeria’s IHS

Staff Writer -
Nigerian-based telecommunications infrastructure provider IHS has appointed Rhys Phillip as Chief Commercial Officer to support continued expansion across Africa and the Middle East. Rhys (43) joins Nigeria-headquartered IHS from Ernst & Young LLP where he was Partner and Global Head of Transaction...
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