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IHS Holding Limited - IHS STOCK NEWS

Welcome to our dedicated page for IHS Holding news (Ticker: IHS), a resource for investors and traders seeking the latest updates and insights on IHS Holding stock.

IHS Holding Limited (symbol: IHS) is the largest independent mobile telecommunications infrastructure provider across Europe, Africa, and the Middle East. Founded in 2001, IHS has established itself as a leader in the industry by offering a full spectrum of services in the tower value chain. This includes tower sharing, colocation on owned towers, and managed services, along with the deployment and ownership of sites. The company is also responsible for the comprehensive construction of telecommunication networks, encompassing site acquisition, design, equipment supply, electromechanical installation, integration, and testing.

With a robust presence in countries like Nigeria, Cameroon, Côte d'Ivoire, Zambia, and Rwanda, IHS currently oversees more than 23,300 towers in Africa. This comes as a result of strategic acquisitions, including the recent purchase of MTN and Etisalat's tower portfolios in Nigeria. IHS's extensive industry experience and technical know-how have enabled it to build long-term relationships with international telecom operators such as MTN, Etisalat, Orange, and Airtel, marking its 14-year track record in the market.

The company's core business lies in providing telecommunications infrastructure to mobile network operators (MNOs), which then offer wireless voice and data services to their end-users. IHS operates across various geographical segments, including Nigeria, Sub-Saharan Africa, the Middle East and North Africa (MENA), and Latin America (Latam). A significant portion of IHS's revenue is derived from its operations in Nigeria, highlighting its strong foothold in the region.

Backed by a depth of technical and industry knowledge, IHS Holding Limited continues to innovate and expand its footprint, ensuring it remains a key player in the ever-evolving telecommunications landscape.

News

IHS Towers’ Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

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IHS Holding Limited announces the release of its 4Q/FY23 Earnings Results on March 12, 2024, with a conference call and webcast scheduled to discuss the financial performance.
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IHS Towers Expands Partnership With Airtel Africa by Renewing and Expanding Contract in Nigeria

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IHS Nigeria, a subsidiary of IHS Holding Limited (NYSE: IHS), has announced a commitment for Airtel Nigeria to take 3,950 tenancies over the next five years and extended the term of its existing tenancies covering approximately 6,000 tenancies until December 2031. The agreement includes 2,500 colocations in addition to 5G amendments and build to suit sites to be owned and operated by IHS Nigeria. Both companies have agreed to cooperate on new green initiatives on the collective sites going forward. The expansion and renewal of the relationship with Airtel Nigeria is a testament to IHS Towers' commitment to serving its customers and the connectivity demands of Africa. Sam Darwish, Chairman & CEO of IHS Towers, expressed delight in continuing to strengthen the collaboration with Airtel Nigeria to facilitate mobile connectivity in Nigeria.
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GICL Completes the Rollout of 10,000km of Fiber Optic Cables

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IHS Nigeria, a subsidiary of IHS Holding Limited (NYSE: IHS), has completed the rollout of over 10,000 kilometers of fiber optic cables across Nigeria, supporting the National Broadband Plan. The company continues to deploy Fiber-to-the-Tower technology to enhance transmission capacity and introduce 5G services. Additionally, IHS Nigeria has brought mobile network coverage to over 580 rural communities, aligning with MNO's rollout targets and the Federal Government's digital inclusion agenda.
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IHS Towers and Wendel Group Agree on Corporate Governance Matters

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IHS Holding Limited (NYSE: IHS) has entered into a settlement agreement with Wendel Group (ENXTPA:MF) to settle outstanding litigation. The agreement includes proposed changes to the company's Articles of Association, reflecting a commitment to strong corporate governance and constructive shareholder engagement. The proposed changes include declassifying the company's Board in two phases, reducing the threshold for shareholders to nominate directors and bring business before a general meeting, introducing a new right for holders owning at least 25% of shares to requisition a general meeting, and reducing the threshold to remove directors from a special resolution. IHS Towers Chairman and CEO, Sam Darwish, believes that the agreement aligns the company's corporate governance with that of mature U.S.-listed companies and focuses on executing the strategy of creating value for all stakeholders.
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IHS Holding Limited Reports Third Quarter 2023 Financial Results

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IHS Holding Limited (NYSE: IHS) reported a 10.4% decrease in revenue for the third quarter of 2023, largely due to a 78.2% devaluation of the Nigerian Naira. Adjusted EBITDA decreased by 15.5%, with a loss for the period at $265.4 million. The company maintains 2023 revenue guidance of $2,080-2,110 million and introduces ALFCF guidance of $385-405 million.
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IHS Towers’ Third Quarter 2023 Earnings Release and Conference Call

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IHS Holding Limited will release its 3Q23 Earnings Results on November 14, 2023. The financial results will be available on the company's website and news services. A conference call and webcast to discuss the results will also be held. The conference call dial-in numbers are +1 646 307 1963 (U.S./Canada) or +44 20 3481 4247 (UK/International).
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IHS Towers Partners with Limitless Space Institute to Inspire Space Exploration and Education in Brazil and Nigeria

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IHS Towers announces a one-year partnership with the Limitless Space Institute to broaden access to space education in Brazil and Nigeria. STEM educators will join the Limitless Global Educator Program and have access to a space education curriculum. Applications open on November 1st, 2023.
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Blackwells Capital Reiterates the Need for Immediate Leadership Changes at IHS Holding Limited

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Blackwells Capital calls for leadership changes at IHS Holding Limited
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IHS Holding Limited Reports Second Quarter 2023 Financial Results

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IHS Holding Limited Issues Statement Regarding Recent Shareholder Comments

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FAQ

What is the current stock price of IHS Holding (IHS)?

The current stock price of IHS Holding (IHS) is $2.815 as of November 1, 2024.

What is the market cap of IHS Holding (IHS)?

The market cap of IHS Holding (IHS) is approximately 935.9M.

What services does IHS Holding Limited provide?

IHS offers a full spectrum of services in the tower value chain, including tower sharing, colocation, managed services, and telecommunication network construction.

Where does IHS Holding Limited operate?

IHS has operations in Nigeria, Cameroon, Côte d'Ivoire, Zambia, and Rwanda, among other regions.

How many towers does IHS Holding Limited own?

IHS owns and manages over 23,300 towers in Africa.

Who are IHS's main customers?

IHS primarily serves mobile network operators (MNOs) like MTN, Etisalat, Orange, and Airtel.

What is the primary source of revenue for IHS?

The majority of IHS's revenue is derived from its operations in Nigeria.

When was IHS Holding Limited founded?

IHS Holding Limited was founded in 2001.

What recent acquisitions has IHS made?

IHS recently acquired MTN and Etisalat’s tower portfolios in Nigeria.

What type of infrastructure does IHS develop?

IHS develops shared telecommunications infrastructure, including mobile towers and related network elements.

What is the significance of IHS in the telecommunications industry?

IHS is a key player providing essential infrastructure that enables mobile network operators to offer wireless voice and data services.

What are some regions included in IHS’s geographical segments?

IHS's geographical segments include Nigeria, Sub-Saharan Africa, the Middle East and North Africa (MENA), and Latin America (Latam).

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IHS Holding Limited

NYSE:IHS

IHS Rankings

#2578 Ranked by Market Cap
N/A Ranked by Dividends

IHS Stock Data

935.94M
333.07M
31.71%
43.56%
0.17%
Telecom Services
Communication Services
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