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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

The Tech Capital

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.

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João Marques Lima

Founder and Editor, The Tech Capital

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