IHS Holding Limited (“IHS Towers”), one of the largest owners, operators and independent developers of shared telecommunications infrastructures in the world by tower count, acquired the tower operations from Centennial Towers in Brazil and Colombia.

The acquisition means 602 additional towers in Brazil and 217 in Colombia, strengthening the position of IHS Towers and its core experience in both markets. This latest transaction comes shortly after IHS Towers acquired Skysites in Brazil, and is proof of the company's commitment to expanding its business in both Latin American markets. Centennial Towers has extensive experience offering mobile network operators a wide variety of infrastructure solutions, including built-to-suit towers, rooftops, DAS (Distributed Antenna Systems), small cells, and station collocation and leasing.

These recent acquisitions highlight and demonstrate the continuation of IHS Towers' growth strategy, in addition to evidencing the 20-year history of growth and excellence in telecommunications infrastructure in emerging markets. IHS Towers has developed complete ecosystems with regard to its towers, including green energy, backhaul, monitoring and active equipment, which will be used in the company's new Latin American markets. This acquisition will further expand the offerings for IHS Towers' customers and ensure that the company is well positioned to support the future implementation of 5G, offering customers new points of signal transmission and distribution, as well as support for the fiber installation.

Sam Darwish, chairman of the IHS board of directors and CEO of the group , stated: “After our recent acquisition of Skysites in Brazil, I am pleased to announce the acquisition of the third Latin American tower operator. The addition of Centennial Towers' operations in Brazil and Colombia increases the scale of the IHS Towers portfolio in Latin America, and will further strengthen the in-depth experience and solutions we can offer to current and potential customers in these markets. Latin America remains a key region for us due to its high growth potential. With these transactions, we will continue to increase our presence in the market and take advantage of the momentum of our arrival in the region last year, with the acquisition of Cell Site Solutions. ”

Steven Moskowitz, CEO of Centennial Towers, said: “It is with great enthusiasm that we enter into this transaction with IHS Towers, a company that recognizes the uniqueness of Centennial's diverse asset base in these two countries, which is ready for high levels of growth in due to its strategic locations and the quality of its construction. Centennial's robust customer relationships, as well as its unique management information systems, will help IHS Towers have more momentum to significantly increase its participation and collocation in Latin America in the years to come. ”

About IHS: IHS is one of the largest owners, operators and independent developers of shared telecommunications infrastructures in the world by counting towers, with more than 29,700 towers in nine markets. IHS continues to grow and develop its existing positions and offerings in countries like Brazil, Cameroon, Colombia, Ivory Coast, Kuwait, Nigeria, Peru, Rwanda and Zambia. To learn more, send an email to: [email protected] or visit: www.ihstowers.com

About Centennial Towers: Centennial Towers is a developer, owner and independent operator of wireless towers in Latin America, with current operations in Mexico consisting of approximately 800 towers. To learn more, visit: www.centennialsites.com

Contacts
Carolina Desmeules / Jessica McGhie
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Source: businesswire.com

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