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 as of December 31, 2024. 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 2860 as on 31 Dec, 2024
- Founders William Saad, Sam Darwish
- Stage Public
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Sectors
Telecommunications
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Ihs Holding Limited
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Annual Revenue
$1.71 B (USD)-19.49as on Dec 31, 2024
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Net Profit
-$1.63 B (USD)17.43as on Dec 31, 2024
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EBITDA
$880.62 M (USD)-16.3as on Dec 31, 2024
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Total Equity Funding
$445 M (USD)
in 5 rounds
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Latest Funding Round
$20 M (USD), Private Equity Round
Jun 01, 2014
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Investors
MTN
& 7 more
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Employee Count
2860
as on Dec 31, 2024
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Investments & Acquisitions
Cell Site Solutions
& 3 more
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Acquired by
MTN
(Feb 17, 2026)
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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.
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
People of IHS Towers
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Software Development Team
54 people
Leadership Team
24 people
Finance and Accounting
22 people
Senior Team
20 people
Human Resources and Administration
17 people
Operations Team
16 people
Legal and Compliance
12 people
Manager Team
10 people
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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.
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 |
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Investment management and private equity in emerging markets.
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Locked | Locked | Locked | |
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Private equity investments are directed toward multiple sectors.
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Capital is mobilized and invested in sustainable emerging market companies.
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Locked | Locked | Locked |
Investor details for IHS Towers
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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.
Investment portfolio details for IHS Towers
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of wireless telecommunications infrastructure services
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Locked | Locked | 2013 | Locked | |
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Shipbuilding, repair, and metal fabrication services are provided globally.
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Locked | Locked | 2012 | Locked | |
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Telecom antenna installation services are provided by Skysites.
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Locked | Locked | 2010 | Locked |
Complete acquisition details for IHS Towers
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Financial Statements - IHS Towers
Detailed financials for IHS Towers
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Ihs Towers Comparisons
Peer comparison for IHS Towers
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Competitors of IHS Towers
Detailed competitors of IHS Towers
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Latest news on Ihs Towers
Complete news archive for IHS Towers
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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.
As of Dec 31, 2024, the latest employee count at IHS Towers is 2,860.
Annual revenue of IHS Towers is $1.71B as on Dec 31, 2024.
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.
The ticker symbol of IHS Towers is IHS on NYSE.