IHS Towers exits Kuwait as part of $1bn asset sale plan
Deal sees cash-hungry tower group offload Kuwaiti asset it bought only four years ago, in mark of turnaround of sector fortunes and strategy.
This article includes:
- Organisations: Airtel Nigeria; I-Systems; IHS Brazil; IHS Kuwait; IHS Towers; MTN Group; SBA Communications; Zain Group.
- Geographies: Africa; Brazil; Cameroon; Colombia; Côte d’Ivoire; Egypt; Kuwait; Latin America; Middle East; Nigeria; North America; Peru; Rwanda; South Africa; United Kingdom (UK); United States of America (USA); Zambia.
- People: Sam Darwish.
- Themes: Asset sale; Balance sheet management; Earnings; Fibre (FTTP); Financial performance; Mergers and acquisitions (M&A); Restructuring; Shareholders; Strategy; Towers; TowerCos; Wireless infrastructure.
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