IHS Towers Agrees to Sell Rwanda Operations for $270m

IHS Towers Sells Rwanda Operations to Paradigm Tower Ventures - Inside Towers

IHS Towers, the operating entity of London-based IHS Holding Limited (NYSE: IHS), has agreed to sell 100 percent of IHS Rwanda including its approximately 1,465 towers to Paradigm Tower Ventures. The terms of the transaction reflect an enterprise value of $274.5 million, implying a transaction multiple of 8.3x adjusted EBITDA after leases. The transaction is subject to customary closing conditions, including government and regulatory approvals, …

IHS Towers to exit Rwanda by H2 2025

On Techpoint Digest, we discuss IHS Towers' exit from Rwanda, how this startup is closing Africa's remote job gap, and the South African Competition Commission's approval of the Canal+-MultiChoice merger.

The company seeks to optimize its portfolio and concentrate efforts on the European market. Read more Telefónica strengthens its exit strategy for Latin America in News.es.

The company has also left Argentina, Peru and Colombia in its strategy of reducing its exposure to the Telefónica region sells its subsidiary in Argentina for 1,190 million euros to Telecom Argentina, controlled by Clarín

Telefónica accelerates its total departure from Latin America. Teleco has concluded an agreement for the sale of 100% of its subsidiary in Uruguay to Millicom Spain for 440 million dollars (around 389 million euros to the current change), after the divestments of recent months in Argentina, Peru and Colombia.

Through a fact of importance document sent to the Superintendencia del Mercado de Valores (SMV), Telefónica del Perú reported that its board has decided to propose a change of company name. This means that the company would officially cease to be called “Telefónica del Perú S.A.A.” and adopt a new name, which has not yet been revealed. But not only that. It will also propose the creation of a new class of preferential shares without voting right…