Browsing: Rob Gelderloos

IHS raises $202m credit facility

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Independent cellphone tower operator IHS, which is headquartered in Nigeria, has secured a US$202m syndicated credit facility from Ecobank Capital and other banks. The money will be used to help facilitate IHS’s acquisition of MTN Group’s 1 757 base stations in Cameroon and

Half of Africa’s towers up for grabs

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Independent telecommunications tower operator, Nigerian-founded IHS Group, believes that half of the 170 000 base stations built by mobile operators in Africa will be considered for outsourcing within the next three to five years as pressure