IHS Holding Ltd is a leading global provider of communication infrastructure services, primarily focused on developing and managing telecommunications towers and related facilities
The company specializes in enabling mobile network operators and internet service providers to expand and enhance their network coverage and capacity. By owning and operating a vast portfolio of towers across various regions, IHS facilitates seamless connectivity for millions of users while supporting the growing demand for data and communication services. Through its innovative approaches and strategic partnerships, IHS plays a crucial role in enhancing the digital landscape and fostering connectivity in emerging markets.
The communication industry appears to be swamped with challenges, such as burgeoning capital expenditures for infrastructure upgrades, unpredictable raw material prices, and supply-chain disruptions. Here are two stocks that could overcome this.
IHS Holding Limited, (NYSEIHS) (“IHS Towers”), one of the largest independent owners, operators and developers of shared communications infrastructure in the world by tower count, has today announced the completion of the sale of IHS Towers’ 70% interest in IHS Kuwait Limited (“IHS Kuwait”) including its approximate 1,675 sites and an additional approximately 700 sites managed in Kuwait to Zain Group.
IHS Holding Limited, (NYSEIHS) (“IHS Towers”), one of the largest independent owners, operators and developers of shared communications infrastructure in the world by tower count, has signed a definitive agreement to sell IHS Towers’ 70% interest in IHS Kuwait Limited (“IHS Kuwait”) including its approximate 1,675 sites and an additional approximately 700 sites managed in Kuwait to Zain Group. The transaction is subject to customary closing conditions, including government and regulatory approvals, and is expected to close in the first half of 2025.
IHS Holding Limited (NYSEIHS) (“IHS Towers”, and together with its subsidiaries, the “Group”) announced today that it has successfully priced its offering of $550 million 7.875% Senior Notes due 2030 at a yield of 8.150% (the “2030 Notes”) and $650 million 8.250% Senior Notes due 2031 at a yield of 8.500% (the “2031 Notes” and, together with the 2030 Notes, the “Notes”), in the case of the 2030 Notes, at an issue price of 98.800% and in the case of the 2031 Notes, at an issue price of 98.701%.
IHS Holding Limited (NYSEIHS), (“IHS Towers”), one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, rated B+ (Stable) by S&P and B+ (Stable) by Fitch, has mandated Citi, Goldman Sachs Bank Europe SE, Rand Merchant Bank and Standard Chartered Bank as Joint Global Coordinators and Joint Bookrunners to organize a Global Investor Call at 3:00pm UK time on Tuesday, November 12, 2024, along with a series of fixed income investor meetings. A potential dual-tranche 5.5NC2 and 7NC3 Reg S / 144A USD benchmark Senior Notes offering will follow, subject to market conditions. Together with the Joint Global Coordinators, J.P. Morgan is mandated as a Joint Bookrunner, and Absa, Access Bank plc, RBC Capital Markets, and Standard Bank are mandated as Co-Managers on the Offering. Citi is coordinating logistics.
IHS Holding Limited (NYSEIHS) (“IHS Towers” or the “Company”), one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, today reported financial results for the third quarter ended September 30, 2024.
IHS Holding Limited (the “Company”) hereby announces that its financial results for the three month period ended September 30, 2024 (the “3Q24 Earnings Results”) are scheduled to be released to the news services and our website at or around 6am ET (11am UK time) on Tuesday, November 12, 2024.
IHS Holding Limited (NYSEIHS) (“IHS Towers” or the “Company”), one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, today reported financial results for the second quarter ended June 30, 2024.
Following the announcement last week that IHS Holding Limited (NYSEIHS) (“IHS Towers” or the “Company”) and MTN Group (JSE: MTN) had renewed and extended communications infrastructure deals in Nigeria, as well as completing the renewal of all contracts across IHS Towers-MTN markets recently, the companies said on Tuesday that with the commercial relationship now firmly established for the next decade, they will now work constructively to find a mutually agreeable resolution to governance issues previously raised.
IHS in Nigeria, a subsidiary of IHS Holding Limited (NYSEIHS) ("IHS Towers"), one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, and MTN Nigeria (NGX:MTNN), a subsidiary of Africa’s largest mobile network operator MTN Group (JSE:MTN), today announced an agreement to renew and extend all Nigerian tower Master Lease Agreements until December 2032, covering approximately 13,500 tenancy contracts.
IHS Holding Limited (the “Company”) hereby announces that its financial results for the three month period ended June 30, 2024 (the “2Q24 Earnings Results”) are scheduled to be released to the news services and our website at or around 6am ET (11am UK time) on Tuesday, August 13, 2024.
IHS Holding Limited (NYSEIHS) (“IHS Towers” or the “Company”), one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, on Friday, 28 June 2024, announced the results of its 2024 Annual Meeting of Shareholders.
IHS Holding Limited (NYSEIHS) (“IHS Towers”) group, one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, has today published its 2023 Sustainability Report.
IHS Holding Limited (NYSEIHS) (“IHS Towers” or the “Company”), one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, today reported financial results for the first quarter ended March 31, 2024.
IHS Holding Limited (the “Company”) hereby announces that its financial results for the three month period ended March 31, 2024 (the “1Q24 Earnings Results”) are scheduled to be released to the news services and our website at or around 6am ET (11am UK time) on Tuesday, May 14, 2024.
Shares of Westport Fuel Systems Inc. (NASDAQWPRT) fell sharply during Tuesday’s session after posting a wider-than-expected fourth-quarter loss. Westport Fuel Systems posted a quarter loss of 81 cents per share, compared to market expectations for a loss of 51 cents per share.
The CNN Money Fear and Greed index remained in the "Greed" zone on Monday. U.S. stocks closed mixed on Monday, with the S&P 500 settling lower for the second straight session. All three major indices closed recorded losses last week, with the S&P 500 falling 0.26% and the blue-chip Dow declining 0.93%.
