IHS Towers targets $1bn from asset disposals


Tower group’s chief executive announces ten-digit goal for proceeds from business sales, amid ongoing strategic review.

This article includes:

  • Organisations: Cellnex; Helios Towers; IHS Towers; JPMorgan; SBA Communications.
  • People: Sam Darwish
  • Themes: Asset sales; Balance sheet strengthening; Capital expenditure (capex) and leverage reduction; Cash flow preservation; Currency weakness; Devaluation; Financial and performance; Infrastructure; Mergers and acquisitions (M&A); Restructuring; Results; Towers; Wireless infra.
  • Geographic: Africa; Brazil; Cameroon; Colombia; Côte d’Ivoire; Egypt; Kuwait; Latin America; Middle East; Nigeria; Peru; Rwanda; South Africa; Zambia.

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