TowerXchange’s analysis of IHS’s acquisition of HTN Towers’ 1,211 towers

An in depth analysis of IHS’s pioneering first African towerco consolidation

Read this article to learn:

  • The estimated valuation of the IHS-HTN acquisition
  • HTN’s revenue, EBITDA, tenancy ratio and TCF
  • What degree of improvement capex is expected to be invested in integrating HTN’s towers
  • Why Nigeria represents an important growth market for IHS
  • Whether further tower transactions could be on the cards in Nigeria

On 10 March 2016 IHS, Africa’s largest towerco, announced the acquisition of HTN Tower’s portfolio of 1,211 sites in Nigeria in a landmark deal signifying the first in-market consolidation in the African towerco segment. When closed, the transaction would take IHS’s tower count in Nigeria to 15,722 towers, 53.9% of the country’s 29,190 total (figure…

This content is for Free Subscription members only.
Log In Register