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IHS Holding Priced, NYSE: IHS

Africa's largest independent telecom towers operator.

Industry: Communication Services

Latest Trade: $17.00 0.00 (0.0%)

First Day Return: -19.0%

Return from IPO: -19.0%

Industry: Communication Services

We are one of the largest independent owners, operators and developers of shared telecommunications infrastructure in the world, providing our customers, most of whom are leading MNOs, with critical infrastructure that facilitates mobile communications coverage and connectivity for 596 million people in emerging markets, across three regions and nine countries. We are the largest independent multinational emerging-market-only tower operator and one of the largest independent multinational tower operators globally, in each case by tower count. As of June 30, 2021, we operated 30,207 Towers across five countries in Africa, three countries in Latin America and one country in the Middle East. We are the largest tower operator in six of the nine markets in which we operate and we are the only independent tower operator of scale in five of these markets. We have a well-defined organic and inorganic expansion strategy designed to grow in existing markets with our existing and new customers and, given the significant global emerging market opportunities in telecommunications infrastructure, enter carefully selected growth oriented markets with compelling underlying fundamentals.
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IPO News for IHS Holding
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IPO Data
IPO File Date 09/17/2021
Offer Price $21.00
Price Range $21.00 - $24.00
Offer Shares (mm) 18.0
Deal Size ($mm) $378
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/13/2021
Offer Price $21.00
Price Range $21.00 - $24.00
Offer Shares (mm) 18.0
Deal Size ($mm) $378
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters London, United Kingdom
Founded 2001
Employees 2,113
Website www.ihstowers.com