About IHS Towers
IHS Towers is a company based in Lagos (Nigeria) founded in 2001 by William Saad and Sam Darwish was acquired by MTN in February 2026. IHS Towers has raised $445 million across 5 funding rounds from investors including MTN, Goldman Sachs and African Infrastructure Investment Managers (AIIM). The company has 2,860 employees. IHS Towers has completed 4 acquisitions, including Cell Site Solutions, HTN Towers and Sao paulo cincolocacao de torres. IHS Towers offers products and services including Shared Communications Infrastructure and Sustainability Solutions.
- Headquarter Lagos, Nigeria
- Employees 2,860
- Founders William Saad, Sam Darwish
- Stage Public
- SectorsTelecommunications
- Website ihstowers.com
- Social LinkedIn X
- Acquired by MTN (Feb 2026)
- Legal Name Ihs Holding Limited
- Annual Revenue$1.58 B (USD)3.59as on Dec 31, 2025
- Net Profit$143.6 M (USD)0as on Dec 31, 2025
- EBITDA$647.8 M (USD)5.18as on Dec 31, 2025
- Total Equity Funding$445M (USD)
in 5 rounds
- Latest Funding Round$20M (USD), Private Equity Round
Jun 2014
- InvestorsMTN
& 7 more
- Employee Count2,860
- Investments & AcquisitionsCell Site Solutions
& 3 more
- Acquired byMTN
(Feb 2026)
Products & Services of IHS Towers
IHS Towers offers a comprehensive portfolio of products and services, including Shared Communications Infrastructure and Sustainability Solutions.
Ownership, operation, and development of shared towers for communications purposes are managed in emerging markets
Implementation of ethics, governance, and environmental practices is carried out to support community and economic growth
Funding Insights of IHS Towers
IHS Towers has successfully raised a total of $445M across 5 strategic funding rounds. The most recent funding activity was a Private Equity Round of $20 million completed in June 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $445M
- Total Rounds 5
- Last Round Private Equity Round — $20M
- Investors Count 7
All 5 funding rounds of IHS Towers with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2014 | $20M | Private Equity Round | – | – | |
| Mar 2014 | $420M | Private Equity Round | – | – | |
| Jun 2013 | $5M | Private Equity Round | – | – | |
| Jun 2012 | – | Private Equity Round | – | – | |
| Dec 2011 | – | Private Equity Round | – | – |
8 investors in total: 8 institutional.
Investors in IHS Towers
IHS Towers has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include MTN, Goldman Sachs and African Infrastructure Investment Managers (AIIM).
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment management and private equity in emerging markets. | – | ecpinvestments.com | - | |
Private equity investments are directed toward multiple sectors. | 1929 | peugeot-invest.com | - | |
Capital is mobilized and invested in sustainable emerging market companies. | – | ifcamc.org | Washington, Dc, United States | |
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
PE firm invests globally | – | man-capital.com | London, United Kingdom | |
Global private equity investments are managed by IDI Emerging Markets. | – | idi-em.com | Luxembourg, Luxembourg | |
Infrastructure funds are managed for long-term investments in Africa. | 2000 | aiimafrica.com | Cape Town, South Africa | |
MTN Group is recognized as a leading telecommunications provider in Africa. | 1994 | mtn.com | Johannesburg, South Africa |
Investor details for IHS Towers
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of IHS Towers
262 people are tracked at IHS Towers (75 in leadership, 7 in board & advisors, 180 in team); the tracked headcount is 2,860.
| Name | Role | Group |
|---|---|---|
William Saad | Co-Founder | Leadership |
Sam Darwish | Co-Founder | Leadership |
William S. Saad | EVP, COO & Co-Founder | Leadership |
Olanrewaju Yusuf (B.eng | Director Revenue Management And Assurance | Leadership |
Wilson Agbor | Senior Manager, Finance Business Partner | Leadership |
Remi Banjo | Associate Director Of Operations | Leadership |
Marco Aurélio Delgado Faria | Commercial Development Director Latam | Leadership |
Mathias Amuta | Associate Director, Financial Planning & Analysis | Leadership |
Simon Ozemoya | Associate Director - Operations | Leadership |
Usman abu | Associate Director Operations | Leadership |
Barira Abdulrazaq Yunusa | Director HR & Business Partner Operations | Leadership |
Choilio Dosso | Director, Human Resources | Leadership |
Roland Bou Ghosn | Regional Director Of Operations | Leadership |
Nabih Estephan | Executive Assistant To Group COO | Leadership |
Anjum Altaf Shahid | Finance Director | Leadership |
Steve Howden | EVP, Chief Financial Officer | Leadership |
Mohit Lamba | Head Of Shared Services (fixed Assets And Inventory) | Leadership |
Vinesh Padiachy | Associate Director Of Finance | Leadership |
Marcela Raposo | Head Of Compliance | Leadership |
Samkeliso Ginindza | Associate Director Human Resources | Leadership |
242 more people are available in the full profile.
Complete people profiles for IHS Towers
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Professional contacts
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IPO & Listings of IHS Towers
IHS Towers is a publicly listed company on the NYSE with ticker symbol IHS in USA, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date14 Oct 2021
- Listed onNYSE: IHS
- Listed entityIHS Holding Limited
- Exchange sectorIndustrial services
- ISINKYG4701H1092
- Share price$8.43 (-0.12% on the day) · 2026-10-09
- Market capitalisation$2.85B
- Price to earnings20.1
- EPS (diluted, trailing year)$0.42
- Volume (last session)718,869
Financials of IHS Towers
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $1.58B | $143.6M | $647.8M |
| 2024 | $1.53B | -$1.63B | $615.9M |
| 2023 | $2.13B | -$1.98B | $1.05B |
| 2022 | $1.96B | -$459.0M | $960.5M |
| 2021 | $1.58B | -$25.8M | $817.1M |
Detailed financial statements for IHS Towers
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by IHS Towers
IHS Towers has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Cell Site Solutions, HTN Towers and Sao paulo cincolocacao de torres.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of wireless telecommunications infrastructure services | saopaulocincolocacaodetorres.tcc.mode | Sao Paulo, Brazil | 2013 | Mar 2022 | •••• | |
Telecom antenna installation services are provided by Skysites. | skysites.com | Sao Paulo, Brazil | 2010 | Jan 2021 | •••• | |
Shipbuilding, repair, and metal fabrication services are provided globally. | cssbrasil.com.br | Sao Paulo, Brazil | 2012 | Dec 2019 | •••• | |
Tower infrastructure is designed, built, and managed across Nigeria. | htntowers.com | Lagos, Nigeria | 2006 | Mar 2016 | •••• |
Complete acquisition details for IHS Towers
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of IHS Towers
9 dated milestones of IHS Towers across 25 years, from founding to its latest funding, stage changes and deals.
- Founded IHS Towers is founded.
- Funding First funding round.
- Funding Latest funding round, Private Equity Round, of $20.0M.
- Acquisition Acquires HTN Towers.
- Acquisition Acquires Cell Site Solutions.
- Acquisition Acquires Skysites.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Sao paulo cincolocacao de torres.
- Exit Acquired by MTN.
Web traffic of IHS Towers
The website of IHS Towers (ihstowers.com) receives about 62.5K visits a month.
- Monthly visits62.5K
▼ 13.9% vs previous month
Websites whose visitors overlap most with IHS Towers. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
globalsso.ihs.com | globalsso.ihs.com | 100% | – | – | – |
afrilandfirstbank.com | afrilandfirstbank.com | 100% | – | #1,047,130 | – |
| ngcareers.com | 100% | – | – | View details | |
vconnect.com | vconnect.com | 80% | – | #14,664,881 | – |
| ecpinvestments.com | 60% | – | #12,837,336 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 7 similar websites and full traffic analytics for IHS Towers
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- 7 similar websites
- Audience overlap
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Latest news on Ihs Towers
Complete news archive for IHS Towers
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Similar companies to IHS Towers
10 companies that operate in the same segment as IHS Towers (Telecom Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
IP networks and VoIP telephony are provided to wholesale customers. | 1998 | London, England, United Kingdom | USD 15 M | USD 1.73 B | – | |
Cables and components for telecommunication infrastructure are supplied. | 1902 | St. Louis, Missouri, United States | – | USD 2.72 B | 7,500 | |
Integrated manufacturing services provider for diverse markets | 1919 | London, England, United Kingdom | – | USD 1.23 B | 7,125 | |
Cables and wires are supplied by Nexans for diverse industries. | 1999 | Courbevoie, Hauts-de-seine, France | – | USD 9.18 B | 28,460 | |
Hardware and software solutions for telecommunications are provided by Nokia. | 1865 | United States | – | USD 23.37 B | – | |
Wholesale connectivity and data center services provider | 2007 | Lagos, Lagos State, Nigeria | USD 30 M | – | – | |
Communications infrastructure is owned, operated, and leased to carriers. | 2014 | Boca Raton, Florida, United States | USD 730 M | – | – | |
Integrated telecommunication services are provided across the Philippines. | 1928 | Makati, National Capital Region, Philippines | – | USD 3.7 B | – | |
Satellite telecommunication infrastructure services are provided globally. | 1964 | Mclean, Virginia, United States | – | USD 90.77 K | – | |
Telecom infrastructure and connectivity solutions are provided globally. | 2000 | Barcelona, Catalonia, Spain | – | USD 5.19 B | 2,660 |
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Frequently Asked Questions about IHS Towers
IHS Towers was founded in 2001 and raised its 1st funding round 10 years after it was founded.
IHS Towers is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
IHS Towers is a funded company, having raised a total of $445M across 5 funding rounds to date.
IHS Towers has 2,860 employees.
Annual revenue of IHS Towers is $1.58B as on Dec 31, 2025.
IHS Towers was founded in 2001 in Lagos, Nigeria, by co-founders William Saad and Sam Darwish. Tower infrastructure for mobile telecommunications is owned, operated, and managed across emerging markets in Africa and beyond. Services include site development, maintenance, and tenancy for wireless carriers. Operations focus on supporting network expansion in regions with growing connectivity demands, with headquarters based in Nigeria.
IHS Towers offers Shared Communications Infrastructure and Sustainability Solutions.
Yes, IHS Towers is publicly traded on NYSE under the ticker symbol IHS.
IHS Towers has made 4 acquisitions, including Cell Site Solutions, HTN Towers, and Sao paulo cincolocacao de torres.
IHS Towers has 8 investors. Key investors include MTN, Goldman Sachs, African Infrastructure Investment Managers (AIIM), Peugeot Invest, and Emerging Capital Partners.
IHS Towers operates through Ihs Holding Limited.
Yes. IHS Towers was acquired by MTN in February 2026.