IHS Holding Limited traded at $8.17 this Monday March 9th, increasing $0.09 or 1.05 percent since the previous trading session. Looking back, over the last four weeks, IHS Holding gained 1.98 percent. Over the last 12 months, its price rose by 137.35 percent. Looking ahead, we forecast IHS Holding Limited to be priced at 7.91 by the end of this quarter and at 7.43 in one year, according to Trading Economics global macro models projections and analysts expectations.
IHS Holding Limited, incorporated on July 26, 2012, is a United Kingdom-based independent owners, operators and developers of shared communications infrastructure by tower count and is an independent multinational tower company solely focused on the emerging markets. The Company provides a range of communications infrastructure solutions and managed services, including colocation and lease amendments, new sites, inbuilding solutions, small cell, fiber connectivity and rural telephony. The Company’s customers include mobile network operators (MNOs), Internet service providers, broadcasters, security functions and private corporations needing point-to-point secure communications. Lease amendments services involve installing additional equipment or providing ancillary services for existing customers at existing towers. The Company has approximately 40,000 towers across its 11 markets, including Brazil, Cameroon, Colombia, Cote d’Ivoire, Egypt, Kuwait, Nigeria, Peru, Rwanda, South Africa and Zambia.