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.
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The businessman played a key role in the deregulation of the country’s telecom industry in the early 2000s.
IHS Towers is a leading telecom infrastructure group.
IHS Towers is the largest telecom infrastructure group in Africa, Europe, Latin America and the Middle East by tower count.
The listing still managed to raise $378 million to fund the company’s growth plans.
IHS Towers is a Nigeria-based telecommunication infrastructure company, operating internationally.
The company and its shareholders will split the 22.5 million ordinary shares to be listed in the IPO.