-

GICL Completes the Rollout of 10,000km of Fiber Optic Cables

LAGOS, Nigeria--(BUSINESS WIRE)--IHS Nigeria, part of the IHS Holding Limited (NYSE: IHS) (“IHS Towers”) group, one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, has today announced the completed rollout of more than 10,000 kilometers of fiber optic cables across Nigeria’s 36 states and the Federal Capital Territory through its subsidiary, Global Independent Connect Limited (GICL). This is an important milestone that serves to support the Federal Government’s National Broadband Plan targeting 70% broadband penetration in Nigeria by 2025.

More broadly, IHS Nigeria continues to deploy Fiber-to-the-Tower (FTTT) to provide increased transmission capacity to help improve the performance of fiber access networks and introduction of next-generation technologies, such as 5G services. By connecting towers, IHS Nigeria is helping bring fiber infrastructure to core metropolitan areas and support the delivery of digital services to homes, corporates, and public institutions in partnership with its customers.

In addition to GICL’s fiber optic network, IHS Nigeria has also implemented mobile network coverage in over 580 previously unconnected rural communities in Nigeria through its rural telephony program. By helping deliver voice and data services to these communities, IHS Nigeria is working to meet MNO’s rollout targets and support the Federal Government’s digital inclusion agenda.

Kazeem Oladepo, GICL, Vice President, commented, “Limited metropolitan and long-haul fiber optic networks continue to be an obstacle to the improvement of existing communication services, and the introduction of emerging technologies and digital services in Nigeria. Our approach to fiber optic cable deployment concentrates on implementing networks on an open access, shared infrastructure basis, providing robust and scalable fiber pairs and alternate ducts to ensure multiple operators can utilize the infrastructure. Through collaborations with multiple stakeholders, including our customers, state and federal agencies, we have achieved a significant volume of fiber optic cable network delivery in under three years. We are committed to supporting the Federal Government's digital economy objectives, and this milestone demonstrates the possibilities of accelerated critical infrastructure roll-out when key stakeholders align their objectives.

About IHS Towers: IHS Towers is one of the largest independent owners, operators and developers of shared communications infrastructure in the world by tower count and is one of the largest independent multinational towercos solely focused on the emerging markets. The Company has nearly 40,000 towers across its 11 markets, including Brazil, Cameroon, Colombia, Côte d’Ivoire, Egypt, Kuwait, Nigeria, Peru, Rwanda, South Africa and Zambia. For more information, please email: communications@ihstowers.com or visit: www.ihstowers.com

IHS Holding Limited

NYSE:IHS

Release Versions

More News From IHS Holding Limited

IHS Towers’ Third Quarter 2024 Earnings Release and Conference Call

LONDON--(BUSINESS WIRE)--IHS Holding Limited (the “Company”) hereby announces that its financial results for the three month period ended September 30, 2024 (the “3Q24 Earnings Results”) are scheduled to be released to the news services and our website at or around 6am ET (11am UK time) on Tuesday, November 12, 2024. Additionally, a conference call and webcast to discuss the 3Q24 Earnings Results will take place on Tuesday, November 12, 2024, at 8.30am ET (13.30pm UK time). The conference call...

IHS Holding Limited Reports Second Quarter 2024 Financial Results

LONDON--(BUSINESS WIRE)--IHS Holding Limited (NYSE: IHS) (“IHS Towers” or the “Company”), one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, today reported financial results for the second quarter ended June 30, 2024. Sam Darwish, IHS Towers Chairman and Chief Executive Officer, stated, “We’re reporting solid performance on Revenue, Adjusted EBITDA and ALFCF, while Capex decreased meaningfully. As of this quarter...

IHS Towers and MTN Group Strengthen Strategic Partnership to Deliver Mobile Connectivity and Drive Digital Inclusion

LONDON & JOHANNESBURG--(BUSINESS WIRE)--Following the announcement last week that IHS Holding Limited (NYSE: IHS) (“IHS Towers” or the “Company”) and MTN Group (JSE: MTN) had renewed and extended communications infrastructure deals in Nigeria, as well as completing the renewal of all contracts across IHS Towers-MTN markets recently, the companies said on Tuesday that with the commercial relationship now firmly established for the next decade, they will now work constructively to find a mutually...
Back to Newsroom