STOCK TITAN
  1. Home
  2. News
  3. IHS

IHS Holding Ltd - IHS STOCK NEWS

Welcome to our dedicated news page for IHS Holding (Ticker: IHS), a resource for investors and traders seeking the latest updates and insights on IHS Holding.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect IHS Holding's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of IHS Holding's position in the market.

News
IHS Holding Limited Reports Fourth Quarter and Full Year 2023 Financial Results
Rhea-AI Summary
IHS Holding Limited (NYSE: IHS) reported a mixed financial performance for Q4 2023 and full year 2023. While revenue decreased due to FX headwinds, organically it showed significant growth. Adjusted EBITDA and ALFCF increased, but the company faced a loss for both periods. The introduction of 2024 guidance indicates a positive outlook despite challenges from Nigerian currency devaluation. The company's focus on growth, efficiency, and innovation remains strong.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.4%
Tags
earnings
-
News
IHS Towers’ Fourth Quarter and Full Year 2023 Earnings Release and Conference Call
Rhea-AI Summary
IHS Holding Limited announces the release of its 4Q/FY23 Earnings Results on March 12, 2024, with a conference call and webcast scheduled to discuss the financial performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2%
Tags
earnings
-
News
IHS Towers Expands Partnership With Airtel Africa by Renewing and Expanding Contract in Nigeria
Rhea-AI Summary
IHS Nigeria, a subsidiary of IHS Holding Limited (NYSE: IHS), has announced a commitment for Airtel Nigeria to take 3,950 tenancies over the next five years and extended the term of its existing tenancies covering approximately 6,000 tenancies until December 2031. The agreement includes 2,500 colocations in addition to 5G amendments and build to suit sites to be owned and operated by IHS Nigeria. Both companies have agreed to cooperate on new green initiatives on the collective sites going forward. The expansion and renewal of the relationship with Airtel Nigeria is a testament to IHS Towers' commitment to serving its customers and the connectivity demands of Africa. Sam Darwish, Chairman & CEO of IHS Towers, expressed delight in continuing to strengthen the collaboration with Airtel Nigeria to facilitate mobile connectivity in Nigeria.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.92%
Tags
partnership
News
GICL Completes the Rollout of 10,000km of Fiber Optic Cables
Rhea-AI Summary
IHS Nigeria, a subsidiary of IHS Holding Limited (NYSE: IHS), has completed the rollout of over 10,000 kilometers of fiber optic cables across Nigeria, supporting the National Broadband Plan. The company continues to deploy Fiber-to-the-Tower technology to enhance transmission capacity and introduce 5G services. Additionally, IHS Nigeria has brought mobile network coverage to over 580 rural communities, aligning with MNO's rollout targets and the Federal Government's digital inclusion agenda.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1%
Tags
none
-
News
IHS Towers and Wendel Group Agree on Corporate Governance Matters
Rhea-AI Summary
IHS Holding Limited (NYSE: IHS) has entered into a settlement agreement with Wendel Group (ENXTPA:MF) to settle outstanding litigation. The agreement includes proposed changes to the company's Articles of Association, reflecting a commitment to strong corporate governance and constructive shareholder engagement. The proposed changes include declassifying the company's Board in two phases, reducing the threshold for shareholders to nominate directors and bring business before a general meeting, introducing a new right for holders owning at least 25% of shares to requisition a general meeting, and reducing the threshold to remove directors from a special resolution. IHS Towers Chairman and CEO, Sam Darwish, believes that the agreement aligns the company's corporate governance with that of mature U.S.-listed companies and focuses on executing the strategy of creating value for all stakeholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.31%
Tags
none
-
News
IHS Holding Limited Reports Third Quarter 2023 Financial Results
Rhea-AI Summary
IHS Holding Limited (NYSE: IHS) reported a 10.4% decrease in revenue for the third quarter of 2023, largely due to a 78.2% devaluation of the Nigerian Naira. Adjusted EBITDA decreased by 15.5%, with a loss for the period at $265.4 million. The company maintains 2023 revenue guidance of $2,080-2,110 million and introduces ALFCF guidance of $385-405 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.85%
Tags
earnings
News
IHS Towers’ Third Quarter 2023 Earnings Release and Conference Call
Rhea-AI Summary
IHS Holding Limited will release its 3Q23 Earnings Results on November 14, 2023. The financial results will be available on the company's website and news services. A conference call and webcast to discuss the results will also be held. The conference call dial-in numbers are +1 646 307 1963 (U.S./Canada) or +44 20 3481 4247 (UK/International).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.71%
Tags
earnings
-
News
IHS Towers Partners with Limitless Space Institute to Inspire Space Exploration and Education in Brazil and Nigeria
Rhea-AI Summary
IHS Towers announces a one-year partnership with the Limitless Space Institute to broaden access to space education in Brazil and Nigeria. STEM educators will join the Limitless Global Educator Program and have access to a space education curriculum. Applications open on November 1st, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.79%
Tags
partnership
-
News
Blackwells Capital Reiterates the Need for Immediate Leadership Changes at IHS Holding Limited
Rhea-AI Summary
Blackwells Capital calls for leadership changes at IHS Holding Limited
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.71%
Tags
management
News
IHS Holding Limited Reports Second Quarter 2023 Financial Results
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.69%
Tags
earnings
Stock IHS logo
IHS Holding Ltd

NYSE:IHS

IHS Rankings

#2311 Ranked by Market Cap
#3358 Ranked by Stock Gains
N/A Ranked by Dividends

IHS Stock Data

1.11B
226.96M
31.82%
42.76%
0.38%
Other Communications Equipment Manufacturing
Manufacturing
Link
UK
London

About IHS

ihs towers is the largest independent mobile telecommunications infrastructure provider in europe, africa and the middle east. founded in 2001, ihs provides services across the full tower value chain – including tower sharing and colocation on owned towers, managed services, deployment and site ownership. additionally, ihs oversees all aspects of telecommunication network construction; ranging from site acquisition and design, equipment supply, electromechanical installation, integration and testing. today ihs towers has operations in nigeria, cameroon, côte d’ivoire, zambia and rwanda. following the recent acquisitions of mtn and etisalat’s tower portfolios in nigeria, ihs owns over 23,300 towers in africa. ihs maintains a depth of technical and industry knowledge that is unparalleled in the current market place and has a 14 year track record owning and managing long term relationships with international telecom operators such as mtn, etisalat, orange and airtel. ihs is backed by a st