IHS Holding (IHS), or IHS Towers, has announced the completion of the sale of IHS Towers' 70% interest in IHS Kuwait including its approximate 1,675 sites and an additional approximately 700 sites managed in Kuwait to Zain Group. The sale of the Kuwait operations is part of IHS Towers' ongoing strategic review targeted at shareholder value-creation options.
IHS Towers is one of the largest independent owners, operators and developers of shared communications infrastructure in the world by tower count. Zain is a telecommunications operator across the Middle East and Africa, serving 47.2 million active customers as of 30 September 2024.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.