Wendel SE

04/12/2021 | Press release | Distributed by Public on 04/12/2021 09:30

IHS Towers Announces further Latin America Expansion through Centennial Towers Acquisition

12 April 2021, London/São Paulo: IHS Holding Limited ('IHS Towers'), one of the largest independent owners, operators and developers of shared telecommunications infrastructure in the world by tower count, has acquired Centennial Towers' Brazilian and Colombian tower operations.

This acquisition brings an additional 602 towers in Brazil, and 217 towers in Colombia, strengthening IHS Towers' position and core expertise in both markets. This latest transaction comes shortly after IHS Towers' acquisition of Skysites in Brazil and is testament to the company's commitment to expanding its business in both Latin American markets. Centennial Towers has extensive expertise in providing mobile network operators with a wide range of infrastructure solutions including Build to Suit towers, Rooftops, Distributed Antenna Systems, Small Cells and Site Colocation & Leasing.

These recent acquisitions highlight and demonstrate the continuation of IHS Towers' growth strategy and demonstrates its 20-year track record of growth and excellence in telecommunications infrastructure across emerging markets. IHS Towers has developed complete ecosystems around its towers including green energy, backhaul, monitoring and active equipment which will be leveraged across its new Latin American markets. This acquisition will further enhance IHS Towers' customer offerings and ensure the company is well-positioned to support the upcoming roll-out of 5G by offering customers new locations for signal transmission and distribution, as well as supporting fiber deployment.