IHS Holding Limited is an independent owner, operator and developer 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 cells, 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. Its lease amendment services involve installing additional equipment or providing ancillary services for existing customers at existing towers. The Company has approximately 37,000 towers across its seven markets, including Brazil, Cameroon, Colombia, Cote d’Ivoire, Nigeria, South Africa, and Zambia.
Turnaround to Profit
The company's performance has turned profitable, with the latest annual net income of USD .
Overvalued
The company’s latest PE is 14.84, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 169.36M shares, decreasing 2.76% quarter-over-quarter.
Held by Bill Nygren | OAKMX
Star Investor Bill Nygren | OAKMX holds 103.86K shares of this stock.
Higher Market Activity
The company has more investor interest, with a 20-day turnover ratio of 0.66.