Sam Darwish's IHS completes $274 million sale of Rwanda operations
IHS Towers, led by Sam Darwish, has sold its Rwandan operations to Paradigm Tower Ventures for $274.5 million, refining its African focus.
IHS Towers
U.S.-Nigerian mogul Sam Darwish’s IHS stake slips below $90 million
Sam Darwish, founder of IHS Towers, has seen his stake fall to $86 million after a sharp slide in the company’s shares on the New York Stock Exchange.
U.S.-Nigerian telecom mogul Sam Darwish’s IHS stake tops $90 million
IHS Towers co-founder Sam Darwish sees his holdings rise above $93 million as the company’s market cap nears $2.4 billion.
IHS stake of U.S.-Nigerian telecom executive Sam Darwish tops $60 million
This is linked to an increase in IHS Holding’s share price on the New York Stock Exchange (NYSE), driven by renewed investor confidence.
U.S.-Nigerian telecom tycoon Sam Darwish-led IHS reports lower 2024 revenue at $1.7 billion
The decline in revenue—driven largely by the devaluation of the Nigerian naira—underscores the financial challenges facing the company despite strong operational growth.
Sam Darwish’s IHS raises $1.2 billion to boost telecom network in emerging markets
IHS led by Sam Darwish plans to boost digital inclusion, economic development through expanded connectivity.
U.S.-Nigerian telecom tycoon Sam Darwish loses $4.33 million as IHS shares plunge
According to data tracked by Billionaire.Africa, the market value of Darwish’s stake in IHS Holding has plunged by $4.33 million over the past 24 days.
U.S.-Nigerian mogul Sam Darwish’s IHS and Airtel forge partnership to boost infrastructure
Under the groundbreaking move, Airtel Nigeria has committed to securing 3,950 tenancies over the next five years.
Led by Ralph Mupita, MTN Group completes sale of 5,701 towers to Sam Darwish’s IHS for $415 million
IHS will now own 70 percent of its South African towers business.
U.S.-Nigerian telecom tycoon Sam Darwish gains $26.8 million in 22 days
Darwish founded IHS Holdings, a Nigerian telecom infrastructure firm, in 2001.
U.S.-Nigerian telecom tycoon Sam Darwish says there is room for further acquisitions in Latin America
His Lagos-based telecom company reported a profit of $16.9 million in the first quarter of 2022.
Sam Darwish’s IHS Towers posts $16.9-million in profit in Q1 2022
IHS Towers is a Nigeria-based telecom infrastructure firm.
Nigerian telecom mogul Bashir Ahmad El-Rufai controls $11-million stake in IHS Towers
The businessman played a key role in the deregulation of the country’s telecom industry in the early 2000s.
Sam Darwish’s IHS Towers suffers over $26 million in losses in 2021
IHS Towers is a leading telecom infrastructure group.
U.S.-Nigerian telecom tycoon Sam Darwish’s IHS Towers suffers $30 million in losses during Q3 2021
IHS Towers is the largest telecom infrastructure group in Africa, Europe, Latin America and the Middle East by tower count.
Shares in telecom tycoon Sam Darwish’s IHS Towers plunge 18 percent after recent IPO on NYSE
The listing still managed to raise $378 million to fund the company’s growth plans.