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Sam Darwish, the U.S.-Nigerian founder of IHS Towers, is benefiting from a rebound in the telecom infrastructure company he spent more than two decades building across emerging markets. The market value of his stake in the New York-listed tower operator has risen above $90 million, reflecting a recovery in the share price.
The gains come as investors reassess African infrastructure assets amid rising data consumption and continued growth in mobile subscriptions. Telecom networks remain critical to economic activity. Tower operators, which provide shared infrastructure to mobile carriers, are drawing renewed interest as operators look to cut costs and expand coverage.
Darwish’s stake regains ground
Darwish owns a 3.9 percent stake in IHS Towers, equivalent to 12.92 million shares. That holding was valued at about $93.55 million at the time of drafting this report, up from $90.32 million in early December. The increase adds about $3.23 million to his personal wealth, a modest but meaningful rise that reflects improving sentiment toward the company.
This follows an earlier recovery between Nov. 14 and Nov. 25, when the value of Darwish’s stake rose by $6.7 million. Together, the gains point to growing confidence in IHS Towers’ operating model and its exposure to mobile markets in Africa, Latin America and the Middle East, regions where demand for connectivity continues to rise despite economic headwinds.
Network growth supports investor confidence
Sam Darwish founded IHS Towers in 2001 and has spent more than two decades expanding the company into one of the world’s largest independent telecom-tower operators. IHS manages more than 39,000 sites across Africa, Latin America and the Middle East, positioning it as a key infrastructure provider in emerging markets and a closely monitored stock for global investors.
IHS shares have gained 3.58 percent over the past 22 trading days, rising from $6.99 to $7.24 and lifting the company’s market capitalization to more than $333 million. The stock is up 148 percent this year, meaning a $100,000 investment made at the start of the year would now be worth about $247,950. The gains highlight renewed investor interest in telecom infrastructure despite currency volatility and uneven economic growth across developing regions.
