The Tech Capital Forum
Trending
Latest

IHS Holding grows Brazil tower monopoly with $315m acquisition

The operator has grown its footprint by nearly 43% and become one of Latin America’s largest tower owners.

By João Marques Lima

Founder and Editor, The Tech Capital

3 Mins

January 26, 2022 | 1:25 AM GMT

IHS Holding grows Brazil tower monopoly with $315m acquisition

Sam Darwish, IHS Towers’ chairman and CEO. Source: IHS

IHS Holding Limited (NYSE: IHS) (IHS Towers) has signed an agreement to acquire São Paulo Cinco Locação de Torres Ltda. (SP5), a Grupo Torresur (GTS) portfolio company, for US$315 million.

Premium Article

Subscribe free for unlimited premium access to The Tech Capital.com

Daily

Daily Brief

A morning briefing on what you need to know in the day ahead, including exclusive commentary from Tech Capital's writers

More From

João Marques Lima

Founder and Editor, The Tech Capital

Related Articles