IHS Holding, also known as IHS Towers, has finalized the sale of its 70% stake in IHS Towers Kuwait to the Zain Group. This transaction includes approximately 1,675 sites owned and an additional 700 sites managed in Kuwait. The divestment of the Kuwait operations forms part of IHS Towers' broader strategic review aimed at maximizing shareholder value.
As one of the world's leading independent owners, operators, and developers of shared communications infrastructure, IHS Towers boasts an extensive portfolio of towers. Meanwhile, Zain, a prominent telecommunications operator across the Middle East and Africa, reported serving 47.2 million active customers as of September 30, 2024.
