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IHS On Other Exchanges
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ihs nigeria plc (IHS) Snapshot

Previous Close
Day High
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52 Week High
10/9/14 - 3.80
52 Week Low
10/9/14 - 3.80
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Current Stock Chart for IHS NIGERIA PLC (IHS)

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ihs nigeria plc (IHS) Details

IHS Nigeria plc, a mobile infrastructure company, provides mobile telecommunications infrastructure services in Nigeria, Sudan, Ghana, and the United Arab Emirates. It is involved in turnkey infrastructure deployment, infrastructure managed services, and infrastructure sharing and leasing activities. The company also provides collocation services, as well as various tower sharing options, including build-to-suit, buy-lease-back, and manage with license to lease services. Its infrastructure deployment services include telecommunications network construction consisting of site acquisition and design; equipment supply; civil, electromechanical, and telecommunications installation; integration; testing; and handover. The company’s infrastructure managed services comprise field maintenance, project management, network and operations quality control, and process development and implementation, as well as network planning, implementation, and optimization services. In addition, it sells telecom equipment. As of July 24, 2013, IHS Nigeria plc had 8,500 towers in its tower portfolio. The company was founded in 2001 and is based in Lagos, Nigeria. IHS Nigeria plc operates as a subsidiary of UBC Services Inc.

1,056 Employees
Last Reported Date: 08/14/12
Founded in 2001

ihs nigeria plc (IHS) Top Compensated Officers

Executive Vice Chairman, Chief Executive Offi...
Total Annual Compensation: --
Co-Founder and Deputy Chief Executive Officer
Total Annual Compensation: --
Chief Financial Officer
Total Annual Compensation: --
Chief Operating Officer, Chief Technical Offi...
Total Annual Compensation: --
Chief Executive of IHS Nigeria
Total Annual Compensation: --
Compensation as of Fiscal Year 2015.

ihs nigeria plc (IHS) Key Developments

IHS Holding Limited Closes Tower Sale and Lease Back Agreement with Airtel Zambia

IHS Holding Limited has completed the sale and lease back of 949 towers in Zambia from Airtel Zambia under long term renewable contracts announced on December 15, 2014. Outsourcing tower infrastructure to IHS allows Airtel to focus on its core business and customers enables it to deleverage through debt reduction, and will significantly reduce its ongoing capital expenditure on passive infrastructure. In addition, IHS will be rolling out its renewable energy solutions across the Airtel network. IHS will roll out its diesel reduction initiatives which offset the unreliability of electrical grids and reduce diesel consumption whilst maintaining unparalleled network uptime.

MTN Reportedly In Talks With IHS To Sell Its Towers

MTN Group Limited (JSE:MTN) is reportedly in talks with IHS Nigeria Plc to sell its South African towers in a deal valued at $2 billion. Talks with buyers may lead to a joint venture in which MTN would retain a large stake. MTN reportedly favors a deal with IHS, a transaction has not been agreed and might not take place.

IHS Towers Appoints Oyinlola as New Global Head of Human Resources

IHS Towers (IHS) announced the appointment of Ayotade Oyinlola as the new Global Head of Human Resources. He will be responsible for overseeing the management of IHS's expanding talent pool, reporting directly to the CEO. Nigeria-born and raised, Ayotade brings over 20 years of combined HR and telecoms industry experience. Ayotade most recently served as Millicom Services UK's Head of HR for Africa and Europe, overseeing operations throughout Africa as well as the corporate offices in London, Luxembourg and Sweden. He has focused on driving international and African talent acquisition and development at various executive and operational levels.


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