Nigeria Telecoms, Mobile and Broadband Market Report 2024 - Nigeria's Telcos Struggle with Poor Investment Climate [Yahoo! Finance]
IHS Holding Limited (IHS)
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Source: Yahoo! Finance
In recent years Nigeria's telecom sector has benefitted from a range of regulatory measures aimed at improving competition and developing infrastructure. The government's aim to increase broadband penetration to 70% by the end of 2025 as part of a national broadband plan remains ambitious, given that the penetration rate was below 50% as of August 2023. Broadband services are predominantly delivered via mobile networks, but while there is some investment in fibre infrastructure one promising platform is satellite connectivity. SpaceX launched commercial services in February 2023, providing national coverage with download speeds vastly superior to the national average. Other satellite options also exist, including services provided by the ISP Tizeti based on Eutelsat's Ka-band connectivity (Konnect), and the NigComSat 2 satellite which delivers 5G backhaul services for MNOs. The government's 5G policy has been supported by the award of spectrum. Mafab Communications, Airtel Nigeri
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News
- IHS Holding Limited's (NYSE:IHS) top owners are individual investors with 26% stake, while 26% is held by public companies [Yahoo! Finance]Yahoo! Finance
- IHS Towers Publishes 2023 Sustainability Report [Yahoo! Finance]Yahoo! Finance
- IHS Towers Publishes 2023 Sustainability ReportBusiness Wire
- IHS Holding Limited Reports First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- IHS Holding Limited Reports First Quarter 2024 Financial ResultsBusiness Wire
IHS
Earnings
- 5/14/24 - Miss
IHS
Sec Filings
- 6/28/24 - Form 6-K
- 5/28/24 - Form 6-K
- 5/21/24 - Form 6-K
- IHS's page on the SEC website