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Overview

IHS is one of the largest independent owners, operators and developers of shared communications infrastructure in the world. We provide mission-critical communications infrastructure to our customers, most of who are leading MNOs, who in turn provide wireless voice and data services to their end users.

39,739

towers in existing portfolio

11

operating countries across three continents

$2,141m

LTM revenue

$1,144m

LTM adjusted EBITDA

In doing so, we facilitate mobile communications coverage for millions of people across our 11-market footprint, supporting economies to implement nationwide digital agendas. We operate nearly 40,000 towers across seven countries in Africa, three countries in Latin America and one country in the Middle East. We are the largest independent tower operator in seven of the markets in which we operate, and the only independent multinational operator of scale in five of these markets.

As one of the pioneers of the tower infrastructure industry in Africa, we have worked with our customers for more than two decades to develop the experience, insight and operational talent needed to operate and grow a successful business in our sector. Today, we are implementing those learnings in multiple markets. 

Our successful performance is the result of many years of building, acquiring, operating, managing, and owning communications infrastructure in emerging market environments. We are confident that we have a well-defined growth strategy designed to grow in existing markets with our existing customer base and, given the significant global emerging market opportunities in communications infrastructure, enter carefully selected growth-oriented markets with compelling underlying fundamentals.

Our markets provide strong fundamentals for future growth and we hold the leading position in many of the markets in which we operate. We believe this puts us in the ideal position to capitalize on future growth opportunities across our footprint and throughout the emerging markets.

In October 2021, we conducted an initial public offering in the United States, listing our shares on the New York Stock Exchange (NYSE:IHS).

Our growth history

  • Acquired 2,115 towers in Brazil pursuant to the GTS SP5 Acquisition.
  • Completed the MTN SA Acquisition to enter the South African market by acquiring 5,691 towers in South Africa from MTN.

  • Completed the TIM Fiber Acquisition with TIM Brasil to form I-Systems, which provides a neutral network infrastructure solution for broadband service in Brazil.
  • Announced further expansion in Africa, with the signing of an agreement to enter Egypt pursuant to the Egypt Transaction and to acquire towers of MTN South Africa.
  • Completed our initial public offering (“IPO”) on the New York Stock Exchange.
  • Completed the third and fourth closings of 67 towers and 126 towers in April 2021 and October 2021 in Kuwait, and the acquisition of 162 towers in April 2021 from Airtel Rwanda.
  •  Acquired Skysites in Brazil, Centennial Brazil and Centennial Colombia, acquiring 1,005 towers, 602 towers and 217 towers, respectively.

  • Entered the Middle East and Latin America through the completion of a controlling investment in Zain Kuwait’s 1,620 towers in Kuwait; completed the first closing of 1,022 towers in February 2020 and the second closing of 140 towers in October 2020.
  • Expanded our footprint by entering Latin America through the completion of the Cell Site Solutions (CSS) acquisition, for 2,312 towers primarily across Brazil, as well as Peru and Colombia.

  • Acquired HTN Towers, which owned 1,211 towers in Nigeria, to consolidate our leading position in the country.

  • Acquired Airtel Zambia’s 949 towers and Airtel Rwanda’s 200 towers.
  • Further expanded in Nigeria through the acquisition of an additional 555 towers from 9mobile.

  • Entered Zambia and Rwanda through the acquisitions of MTN’s tower portfolios of 719 towers and 550 towers respectively. Helped establish IHS Towers as the largest independent tower company in EMEA by tower count, at that time.
  • Executed landmark transactions in Nigeria to gain 10,966 towers. We acquired 4,154 from MTN Nigeria and 2,116 from 9mobile in 2014 and completed the acquisition of the balance of 4,696 towers from MTN Nigeria in 2015.

  • Acquired MTN Côte d’Ivoire’s portfolio of 911 towers and MTN Cameroon’s 818 towers. 
  • Completed MLL agreements for Orange Côte d’Ivoire’s tower portfolio of 1,191 towers and Orange Cameroon’s 819 towers.

Began owning towers and leasing space to MNOs in Nigeria and launched our Colocation service operations to lease space to other MNOs.

Launched our Managed Services operations for MNO-owned towers with services including maintenance, security and power supply.

Founded as a builder of communication towers for MNOs in Nigeria; our founders continue to lead the business today.

Contact us

Colby Synesael
Executive Vice President of Communications
[email protected]

IHS Towers
152 West 57th Street
New York, NY 10019

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