American-Nigerian tycoon Sam Darwish’s IHS posts $214 million in losses in 9M 2022
Darwish owns 3.5 percent of IHS Holdings.
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.
Darwish founded IHS Holdings, a Nigerian telecom infrastructure firm, in 2001.
His Lagos-based telecom company reported a profit of $16.9 million in the first quarter of 2022.
IHS Towers is a Nigeria-based telecom infrastructure firm.
IHS Towers is a leading telecom infrastructure group.
IHS Towers is a leading telecom infrastructure firm founded by U.S. tycoon Sam Darwish.
IHS Towers is the largest telecom infrastructure group in Africa, Europe, Latin America and the Middle East by tower count.
The listing still managed to raise $378 million to fund the company’s growth plans.
IHS Towers is a Nigeria-based telecommunication infrastructure company, operating internationally.
The company and its shareholders will split the 22.5 million ordinary shares to be listed in the IPO.
IHS called off an initial plan to list on the U.S. exchange in 2018.