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IHS Towers to Exit Latin America With $952 Million Sale of Regional Tower Portfolio
IHS Towers has announced its departure from Latin America through the sale of its tower operations in Brazil and Colombia to a Macquarie-backed entity for an enterprise value of approximately $952 million. This move, part of a shareholder value enhancement strategy, includes about 8,860 sites and is expected to close later in 2026, pending regulatory approvals. Macquarie Asset Management aims to bolster its presence in the region’s 5G infrastructure, while IHS (IHS) stock currently holds a ‘Buy’ rating from analysts and a ‘Neutral’ sentiment from TipRanks’ AI Analyst, Spark.