IHS TOWERS NAMED AFRICAN INFRASTRUCTURE ICT PROJECT DEVELOPER OF THE YEAR
2 June 2015; Lagos, Nigeria: IHS Towers (“IHS”), Africa’s leading independent mobile telecommunications infrastructure provider, today has won the Africa Investor (Ai) African Infrastructure ICT Project Developer of the Year award.
IHS was awarded Ai African Infrastructure ICT Project Developer of the Year in relation to the business acquiring over 2,000 towers from Etisalat in Nigeria and more than 10,000 towers from MTN Group in Nigeria, Zambia and Rwanda in 2014 as well as also recently raising US$2.6 billion to fund continued growth.
These recent acquisitions have doubled IHS’s operations to over 23,000 towers making IHS the largest tower owner and operator in Europe, Middle East and Africa and further reinforces IHS’s leading position as the trusted partner for mobile network operators.
Issam Darwish, Executive Vice Chairman & Group CEO of IHS, commented:
“We are delighted and humbled to receive this award and to be singled out amongst the many businesses and institutions that are doing great work to drive growth and infrastructure development throughout Africa.”
The Africa Investor awards are unique annual pan-African business and investment awards that recognise and reward the achievements of the public and private sector across wide-ranging industries and disciplines.
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 23,000 towers in Africa. For more information, visit: www.ihstowers.com￼
About Africa Investor:
Africa investor is an investment holding company that aligns its client base of sovereign wealth funds, pension funds, family offices, and long-term investors with vetted infrastructure and private equity investment opportunities in Africa. Ai Capital assists and advises African project developers to access international capital and provides foreign investment and transaction advisory services to African governments and global investors.
The Africa Investor Awards are unique annual pan-African business and investment Awards that recognise and reward the achievements of the public and private sector across wide-ranging industries and disciplines.
Carolina Desmeules / Will Anderson Brunswick Group
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