Telco

IHS Towers completes $274.5 million sale of Rwanda operations to Paradigm Tower Ventures

IHS Towers Rwanda sale to Paradigm Tower Ventures closes at $274.5 million, marking a milestone in Africa’s telecom infrastructure growth.

News

IHS stocks jumps 8% on better than expected Q2 2025 results

The New York-listed shares rose 8% to $7.33, a stark recovery from the $2 level where the stock hovered for most of 2024.

Telco

IHS, ATC, get two-month deadline to improve internet quality

NCC has given IHS, ATC, and other tower firms a 2-month deadline to improve Nigeria’s internet quality or face regulatory penalties.

News

Pan African Towers appoints Echezona Osi as CEO 

Pan African Towers appoints Echezona Osi as CEO to lead growth and transformation in Nigeria's telecom sector starting July 1, 2025.

Telco

Naira Boost, improved revenue drives IHS Towers to profitability since 2021

The improving backdrop in Nigeria, marked by greater stability in the naira and recent tariff increases, is bolstering confidence.

News

BREAKING: IHS Towers to sell Rwanda operations to Paradigm Tower Ventures for $274.5 million

IHS Towers has agreed to sell its Rwandan subsidiary, IHS Rwanda Limited, to Paradigm Tower Ventures for $274.5 million. The deal includes 1,465 telecom towers and is expected to close in the second half of 2025, pending regulatory approvals.

Telco

IHS Towers narrows losses to $1.64 billion in 2024 amid Nigerian currency volatility

Since its 2021 New York Stock Exchange listing, IHS Towers has faced investor pressure due to persistent losses, resulting in a significant market value decline

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