IHS TOWERS AWARDED TELECOMFINANCE DEAL OF THE YEAR
9 February 2015; Lagos, Nigeria: IHS Towers, Africa’s leading independent mobile telecommunications infrastructure provider, has won TelecomFinance’s 2015 award for Deal of the Year.
IHS was awarded TelecomFinance’s Deal of the Year in relation to the acquisition of over 13,000 towers and raising over €3bn of debt and equity funding. Proceeds of the funding were allocated to finance acquisitions in Nigeria, Zambia and Rwanda, improvements in customer coverage, building new towers and continued investment in alternative energy and green solutions.
A member of the independent panel of judges who selected the winners said: “African towercos have well and truly become key deal makers, with investors scrambling to play a role in their unrelenting expansion. IHS has increasingly proven itself a force to be reckoned with."
For the deals of the year categories, the TelecomFinance editorial team selects a shortlist of the top transactions in three regions – Europe, Middle East & Africa and Asia. An independent panel of experts votes to determine the winners.
About IHS Towers:
IHS Towers is Africa’s leading independent mobile telecommunications infrastructure provider founded in 2001. IHS provides services across the full tower value chain – colocation on owned towers, deployment and managed services. IHS Towers has operations in Nigeria, Cameroon, Côte d’Ivoire, Zambia and Rwanda. Following the recent acquisitions of MTN and Etisalat’s tower portfolios in Nigeria and Airtel’s in Rwanda, IHS will own over 22,000 towers in Africa. For more information, visit: www.ihstowers.com
TelecomFinance is an online news platform and a monthly publication that covers the financing of telecoms projects. It was established by Thomson Stanley in 1994 and acquired by PA
Business in December 2006. It focuses on net neutrality, fixed/mobile convergence, infrastructure sharing and the threats and opportunities posed by content providers. The daily newsletter, called T-Wire, covers breaking telecommunication news. For more information, visit: http://www.telecomfinance.com/