Mobile phone towers valued at $7bn in New York
IHS Holding Ltd (ticker IHS:US), holding company of the biggest independent operator of mobile phone towers in Africa, scored a $7 billion valuation in its initial public offering (IPO) on the New York Stock Exchange on 14 October. According to a story on website PYMNTS.com, Africa scores “eight unicorns and counting”, referring to technology companies […]
Africa’s top telco towers firm seeks $7bn US listing
A telecoms firm launched in Lagos is set to be Africa’s biggest listing in the United States with a suggested $7bn valuation. IHS Holding Ltd, which operates up to 28,000 wireless telcoms towers across nine countries, announced plans to go ahead with a potential initial public offering (IPO) of shares to investors in a press […]
