IHS Towers Acquires the 1,000-site Skysites Company in Brazil

LONDON & SÃO PAULO–(Enterprise WIRE)–Jan 7, 2021– IHS Holding Confined (“IHS Towers”), just one of…

LONDON & SÃO PAULO–(Enterprise WIRE)–Jan 7, 2021–

IHS Holding Confined (“IHS Towers”), just one of the major independent entrepreneurs, operators and developers of shared telecommunications infrastructure in the earth by tower rely, has finished the acquisition of Skysites Holdings S.A. (“Skysites”), the professional provider of small cells and urban telecommunications infrastructure in Brazil.

Skysites’ operations, which comprise around 1,000 internet sites, together with unique obtain to tens of thousands of high quality authentic estate spots in urban settings, will be fully integrated into IHS Towers’ Brazilian operations more than the coming months.

The acquisition, which is the second IHS Towers transaction in 12 months in Brazil, adds further depth to IHS Towers’ main strengths and abilities – Skysites’ innovative urban alternatives, which includes modest cell and mobile pole remedies, and its in depth urban deployment encounter, enhance IHS Towers’ deep operational knowledge and technological innovation. The acquisition highlights the continuation of IHS Towers’ development system and further consolidates IHS Towers’ 20-calendar year rising marketplaces monitor file. This acquisition will improve IHS Towers’ shopper supplying and make certain it is well-positioned to assistance the upcoming roll-out of 5G across Brazil.

Sam Darwish, IHS Towers Chairman and Group Chief Executive Officer, claimed:

“I am delighted to announce our acquisition of Skysites in Brazil, an acquisition which even further displays our strategic growth ambition in world rising markets. Brazil represents a crucial market for us with its outstanding development probable and, by means of this transaction, we are considerably growing our market existence pursuing our entry into the area very last year with the acquisition of Cell Website Options.”

Roberto Nishikawa, Skysites’ Chief Government Officer and Chairman, commented:

We are proud to have constructed our in depth and exclusive portfolio of tens of hundreds of quality real estate places in very dense urban regions in planning for the approaching roll-out of 5G. We are incredibly happy to have concluded this transaction with IHS Towers who understand our aggressive pros and unique organization design.

I would like to thank my workforce and our shareholders for all their assistance in what we have completed.”

About IHS Towers: IHS Towers is 1 of the major unbiased homeowners, operators and builders of shared telecommunications infrastructure in the planet by tower count, with additional than 28,700 towers throughout nine marketplaces. IHS Towers carries on to expand and develop its present positions and choices in Brazil, Cameroon, Colombia, Côte d’Ivoire, Kuwait, Nigeria, Peru, Rwanda and Zambia. For extra info, you should e mail: [email protected] or stop by: www.ihstowers.com

About Skysites: Skysites is a specialist supplier of tiny cells and city telecommunications infrastructure applying gentle poles (mobile poles) and benches (Skybench). Skysites is a exclusive participant which has accessibility to tens of hundreds of top quality actual estate areas and public gentle poles via partnerships with numerous substantial providers. Skysites grew 275{9e6a73ef7eb6fa22b1de79554ca535a2a0aaa70d898e937e26eb250763832f63} in 2020 by achieving a lot more than 1,000 sites with telecom antennas put in. Skysites is owned by a group of person traders led by Roberto Nishikawa.

Perspective source model on businesswire.com:https://www.businesswire.com/information/residence/20210107005406/en/

Call: Georgina Parkes/ Jessica McGhie

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Industry Key phrase: Web SATELLITE Cellular/Wi-fi Technology TELECOMMUNICATIONS

Supply: IHS Keeping Minimal

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PUB: 01/07/2021 06:00 AM/DISC: 01/07/2021 06:01 AM