U.S.-Nigerian telecom tycoon Sam Darwish loses $16.6 million from IHS stake
Darwish, the chairman and CEO of IHS, who ranks as one of the top figures in the African telecom industry, holds a substantial 4.17-percent stake in the group.
Darwish, the chairman and CEO of IHS, who ranks as one of the top figures in the African telecom industry, holds a substantial 4.17-percent stake in the group.
Despite this decline, Darwish remains a prominent figure in the telecom industry.
Founded in 2001 by Darwish, IHS has solidified its position as the largest telecom infrastructure group in Africa, Europe, Latin America, and the Middle East.
This recent paper loss comes on the heels of the impressive $70-million gain he recorded between Oct. 27 and Nov. 14
Sam Darwish, a leading figure in the global telecom industry, owns a substantial 4.17-percent stake in IHS Holdings
Darwish holds a substantial 4.17-percent stake in IHS Holdings, or 13,958,158 shares.
Founded by Darwish in 2001, IHS Holding retains its position as one of the largest telecom infrastructure groups in terms of tower count.
Despite the sustained decline in the market value of his stake, Darwish remains one of the top players in the global telecom industry.
Darwish holds a substantial 4.17-percent stake in IHS Holdings, amounting to 13,958,158 shares in the group.
Darwish holds a substantial 4.17 percent stake in IHS Holdings, amounting to 13,905,235 shares.
IHS Holding, founded by Sam Darwish in 2001, remains the largest telecom infrastructure group in terms of tower count in Africa
IHS Holding ranks as the largest telecom infrastructure group in Africa, Europe, Latin America, and the Middle East.
Darwish owns 3.5 percent of IHS Holdings.
Darwish owns 3.5 percent of the telecom infrastructure company.
Darwish said the group had a solid quarter despite today’s volatile macroeconomic environment.
IHS will now own 70 percent of its South African towers business.