IHS Towers Market Research Report
Company Overview
Name and Mission
- Name: IHS Towers
- Mission: IHS Towers aims to enable a connected world by providing a wide range of shared communications infrastructure services across emerging markets, thereby improving the quality and availability of communications infrastructure.
Founding Details
- Founded: 2001
- Founder: The company was founded by Sam Darwish and a team of co-founders.
Key People
- Sam Darwish: Chairman and Chief Executive Officer
- William Saad: Executive Vice President and Chief Operating Officer
- Steve Howden: Executive Vice President and Chief Financial Officer
- Mustafa Tharoo: Executive Vice President and General Counsel
- Mohamad Darwish: Executive Vice President, IHS Nigeria CEO
- Ayotade Oyinlola: Executive Vice President and Chief Human Resources Officer
Headquarters
- Headquartered: No specific location provided.
Number of Employees
- Employees: Over 2,000
Revenue
- Revenue: $1,783.2 million (LTM)
Known For
- Specialty: IHS Towers is one of the largest independent owners, operators, and developers of shared communications infrastructure globally. It operates over 40,000 towers across Africa, Latin America, and the Middle East.
Products
Product Offerings
1. Towers:
- Description: Provides shared tower infrastructure for mobile network operators.
- Key Features: Includes secure and reliable infrastructure, supports various wireless technologies like 4G and 5G.
2. Inbuilding & Distributed Antenna Systems (DAS):
- Description: Offers solutions within buildings to improve mobile service coverage.
- Key Features: Efficient and discreet infrastructure, suitable for dense urban environments.
3. Small Cells:
- Description: Non-intrusive infrastructure mainly for urban centers.
- Key Features: Enhances network coverage and quality using existing urban infrastructure.
4. Fiber Connectivity:
- Description: Provides last-mile fiber connectivity solutions.
- Key Features: Supports digital strategies for 4G/5G services, crucial for data-heavy applications.
5. Rural Telephony:
- Description: Offers connectivity solutions for remote areas.
- Key Features: Cost-effective open-source software, solar-powered solutions.
Recent Developments
New Products and Features
- New Site Build: In 2023, approximately 1,329 new sites were built, including 812 in Brazil and 237 in Nigeria.
Partnerships and Acquisitions
- 2022: Acquired 2,115 towers in Brazil and entered the South African market by acquiring 5,691 towers from MTN South Africa.
- 2021: Formed I-Systems through the TIM fiber acquisition with TIM Brasil, providing a neutral network infrastructure solution in Brazil. Further expansions included acquiring licenses in Egypt and more towers in South Africa.
- IPO: The company went public in 2021, listing on the New York Stock Exchange.
Additional Information
- IHS Towers continues to innovate in communications infrastructure, emphasizing developments in solar and hybrid energy solutions to contribute to sustainability goals.
Conclusion
This report highlights IHS Towers’ position as a leading communications infrastructure provider in emerging markets with a robust portfolio of towers and managed services. The company shows a strong growth trajectory through strategic partnerships, market expansion, and innovative service offerings. As IHS Towers continues to leverage its experience and operational talent, it remains well-positioned to capitalize on future growth opportunities in the communications sector.