IHS Towers Agrees to Sell Latin America Tower Operations to Macquarie Asset Management
LONDON & SÃO PAULO–(BUSINESS WIRE)–
IHS Mauritius BR Limited, part of IHS Holding Limited (NYSE: IHS) (“IHS Towers” or the “Company”), one of the largest independent owners, operators and developers of shared communications infrastructure in the world by tower count, has agreed to sell its Latin America tower operations (“IHS Latam”), inclusive of IHS Brazil1 and IHS Colombia and its approximately 8,8602 sites to Macquarie Asset Management (the “Latam Tower transaction”).
The Latam Tower transaction, reflecting an enterprise value3 of approximately $952 million, marks our exit from the Latam region as part of our strategic initiatives targeted at shareholder value-creation.
Sam Darwish, Chairman & CEO, IHS Towers, commented, “We are today announcing the sale of our Latam tower operations to Macquarie Asset Management, marking our exit from the Latam region. We are deeply grateful to our colleagues, customers and other stakeholders who have enabled us to scale our Latam tower portfolio.”
Fernando Lohmann, Brazil Country Lead, Macquarie Asset Management, commented, “We expect further wireless and digital infrastructure investment will be required to support 5G network buildout in Brazil and Colombia over the next several years. We are proud to contribute to the strengthening of Brazil and Colombia’s critical infrastructure through the acquisition of the IHS tower platform in our region.”
The Latam Tower transaction is expected to close later in 2026, subject to, among other things, the satisfaction of certain conditions being met. The foregoing description of the Latam Tower transaction and the related terms is subject to, and is qualified in its entirety by reference to, the full terms of the agreement relating to the transaction, which IHS Towers will be filing on Form 6-K.
J.P. Morgan is acting as financial advisor to IHS Towers.
About IHS Towers: IHS Towers is one of the largest independent owners, operators and developers of shared communications infrastructure in the world by tower count and is solely focused on the emerging markets. The Company has over 37,000 towers across its seven markets, including Brazil, Cameroon, Colombia, Côte d’Ivoire, Nigeria, South Africa and Zambia. For more information, please email: [email protected] or visit: www.ihstowers.com
About Macquarie Asset Management: Macquarie Asset Management is a leading global asset manager, trusted by institutions, individuals and communities to responsibly manage US$477 billion in assets. Macquarie Asset Management provides clients with a diverse range of investment solutions that seek to deliver superior risk-adjusted returns. Macquarie Asset Management is part of Macquarie Group, a diversified financial group providing clients with asset management, finance, banking, advisory, and risk and capital solutions across debt, equity and commodities. Founded in 1969, Macquarie Group employs over 19,000 people in 34 markets and is listed on the Australian Securities Exchange.
Cautionary Language Regarding Forward-Looking Statements
This document contains forward-looking statements, including regarding the closing of future transactions. We intend such forward-looking statements to be covered by relevant safe harbor provisions for forward-looking statements (or their equivalent) of any applicable jurisdiction, including those contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts contained in this document may be forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “commits,” “projects,” “contemplates,” “believes,” “estimates,” “forecast,” “predicts,” “potential” or “continue” or the negative of these terms or other similar expressions. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition and results of operations, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain and investors are cautioned not to unduly rely upon these statements. You should read this press release and the documents that we reference in this press release with the understanding that our actual future results, performance and achievements may be materially different from what we expect. Further information on such assumptions, risks and uncertainties is available in our filings with the US Securities and Exchange Commission, including our Annual Report on Form 20-F for the fiscal year ended December 31, 2024. We qualify all of our forward-looking statements by these cautionary statements. These forward-looking statements speak only as of the date of this press release. Except as required by applicable law, we do not assume, and expressly disclaim, any obligation to publicly update or revise any forward-looking statements contained in this press release, whether as a result of any new information, future events or otherwise.
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1 Excluding I-Systems, following the proposed sale of IHS Fiber Brasil – Cessão de Infraestruturas Ltda’s 51% stake in I-Systems Soluções de Infraestrutura S.A. (“I-Systems”) to TIM. S.A., announced February 11, 2026. |
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2 As of September 30, 2025. |
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3 Enterprise value is defined as anticipated cash consideration to be received plus borrowings less cash in the business and is inclusive of IFRS 16 lease liabilities. |
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Enquiry: Investor
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IHS Africa (UK) Limited
1 Cathedral Piazza
123 Victoria Street
London, SW1E 5BP
United Kingdom
[email protected]
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IHS Africa (UK) Limited
1 Cathedral Piazza
123 Victoria Street
London, SW1E 5BP
United Kingdom
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[email protected]
KEYWORDS: Brazil United Kingdom South America Latin America Colombia Europe
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