Last 3.80 NGN
Change Today 0.00 / 0.00%
Volume 0.0
IHS On Other Exchanges
Symbol
Exchange
Lagos
As of 9:30 AM 10/23/14 All times are local (Market data is delayed by at least 15 minutes).

ihs nigeria plc (IHS) Snapshot

Open
3.80
Previous Close
3.80
Day High
3.80
Day Low
3.80
52 Week High
01/23/14 - 4.00
52 Week Low
10/29/13 - 2.30
Market Cap
16.7B
Average Volume 10 Days
0.0
EPS TTM
-1.44
Shares Outstanding
4.4B
EX-Date
03/11/11
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for IHS NIGERIA PLC (IHS)

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ihs nigeria plc (IHS) Details

IHS Nigeria plc, a mobile infrastructure company, provides mobile telecommunications infrastructure services in Nigeria, Sudan, Ghana, and the United Arab Emirates. It is involved in turnkey infrastructure deployment, infrastructure managed services, and infrastructure sharing and leasing activities. The company also provides collocation services, as well as various tower sharing options, including build-to-suit, buy-lease-back, and manage with license to lease services. Its infrastructure deployment services include telecommunications network construction consisting of site acquisition and design; equipment supply; civil, electromechanical, and telecommunications installation; integration; testing; and handover. The company’s infrastructure managed services comprise field maintenance, project management, network and operations quality control, and process development and implementation, as well as network planning, implementation, and optimization services. In addition, it sells telecom equipment. As of July 24, 2013, IHS Nigeria plc had 8,500 towers in its tower portfolio. The company was founded in 2001 and is based in Lagos, Nigeria. IHS Nigeria plc operates as a subsidiary of UBC Services Inc.

1,056 Employees
Last Reported Date: 08/14/12
Founded in 2001

ihs nigeria plc (IHS) Top Compensated Officers

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Executives, Board Directors

ihs nigeria plc (IHS) Key Developments

MTN and IHS Holding Limited Agree Landmark Mobile Tower Outsourcing Agreement in Nigeria

MTN has reached an agreement in principle with IHS Holding Limited for the transfer of its towers business, comprising of up to 9,151 of MTN's mobile network towers in Nigeria. The transaction is expected to reduce MTN Nigeria's operating costs, drive network efficiencies and further expand MTN's voice and data capacity. Under the terms of the transaction and subject to requisite regulatory approvals, the 9,151 towers will be transferred to a new company which will be owned jointly by MTN and IHS. IHS will have full operational control of the underlying business. The new towers company will market independent infrastructure sharing services to other mobile operators and Internet Service Providers (ISPs) in Nigeria. The transaction is expected to close in fourth quarter 2014.

IHS Reportedly Eyes Sonatel Towers

IHS Nigeria Plc (NGSE:IHS) is seen as the frontrunner for acquiring towers belonging to Sonatel S.A. (BRVM:SNTS), a source stated. Lazard is known to be advising Orange (ENXTPA:ORA) on the sale of tower assets in Africa. The source stated that other possible buyers, include several unnamed private equity firms via an indirect investment and a sale is expected to occur in the first half of 2014.

IHS Africa Presents at TMT Finance and Investment Africa 2013, Jun-20-2013 02:10 PM

IHS Africa Presents at TMT Finance and Investment Africa 2013, Jun-20-2013 02:10 PM. Venue: Grand Connaught Rooms, Covent Garden, 61 - 65 Great Queen Street, London WC2B 5DA, United Kingdom. Speakers: Issam Darwish, CEO.

 

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