IHS Towers and Etisalat enter sale and lease back agreement on Nigeria's 2,136 tower portfolio

Issam Darwish, CEO, IHS Towers

Etisalat Nigeria today announced the sale of 2,136 of its towers to IHS Holding Limited (IHS) as part of a broader strategy to drive improvements in the quality of its network performance and to accelerate roll out of 2G and 3G coverage and new services to its customers. The transaction, the first by a major GSM operator in Nigeria, is expected to close later this year.

Read more: Orange signe un accord avec IHS concernant l’exploitation de ses tours en Côte d’Ivoire et au Cameroun en vue d’améliorer la couverture des réseaux mobiles – ihs_emts_press_release.pdf.