IHS entered Colombia in February 2020 following the acquisition of infrastructure solutions provider, Cell Site Solutions (“CSS”), headquartered in São Paulo, Brazil and with operations in Colombia. CSS was established in 2012 in Brazil, before expanding into Colombia in 2015. CSS in Colombia was renamed IHS Colombia following the acquisition in 2020.
Colombia is the third largest telecom market in Latin America, with currently more than 60 million subscribers. We believe the growth potential of this market is driven by the ongoing increasing demand for 4G, with its share among mobile subscriptions expected to nearly double by 2025, and the population’s high demand for data.
Calle 118 No. 19 – 52 Oficina 204