IHS Holding Limited
ihstowers.comWhat Do They Do?
Leases shared communications-tower space and provides related connectivity and infrastructure services to mobile network operators and other communications providers.
20-F for FY2025, filed Mar 16, 2026
Who Are Their Customers?
Mobile network operators are the main customers; the company also serves wireless broadband and data providers, plus companies using towers for broadcasting, transmission or enterprise connectivity. Customers lease tower space under master agreements with site-specific terms.
20-F for FY2025, filed Mar 16, 2026
20-F for FY2025, filed Mar 16, 2026
One of our shareholders, MTN Group, is a related party of the MTN Customers. We have entered into MLAs separately with each of the MTN…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 8 cents of every revenue dollar as net income in .
20-F for FY2025, filed Mar 16, 2026
20-F for FY2025, filed Mar 16, 2026
$126.8MView ↗
How Are They Changing?
Latin American disposals
The earlier business included Latin American tower operations and a Brazilian fiber network; IHS has agreed to sell its Latin American tower operations and its stake in I-Systems.
20-F for FY2022, filed Mar 28, 2023 20-F for FY2025, filed Mar 16, 2026
Growth strategy
The expansion strategy has shifted from pairing organic growth with acquisitions to enter selected markets to focusing on existing markets, with acquisitions expected to be limited.
20-F for FY2022, filed Mar 28, 2023 20-F for FY2025, filed Mar 16, 2026We have a well-defined organic and inorganic expansion strategy designed to grow in existing markets with our existing and new customers…View ↗
We have a well-defined organic growth strategy designed to expand in existing markets with our existing and new customers and, given the…View ↗
Who Do They Compete With?
Competes with ATC, Helios Towers, SBA, and Highline
20-F for FY2025, filed Mar 16, 2026We believe we are the market leader in Africa by tower count as of December 31, 2025, with 28,662 towers. ATC is our primary competitor in…View ↗
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