IHS Holding (IHS Towers) has completed the acquisition of Skysites Holdings, a specialist provider of small cells and urban telecommunications infrastructure in Brazil. Skysites’ operations, which comprise approximately 1,000 sites, along with ‘exclusive access to tens of thousands of premium real estate locations in urban settings’, will be fully integrated into IHS Towers’ Brazilian operations over the coming months. IHS cites Skysites’ ‘innovative urban solutions’, including small cell and cell pole solutions, and its ‘extensive urban deployment experience’ as its key strengths.
TeleGeography notes that the acquisition represents IHS’s second Brazilian tower transaction in the last twelve months, following its takeover of Sao Paulo-based infrastructure provider Cessao De Infraestruturas (Cell Site Solutions, CSS) from Goldman Sachs and Centaurus Capital last year. That deal was announced in December 2019 and closed in February 2020.
IHS Towers currently owns and operates more than 28,700 towers across nine markets: Brazil, Cameroon, Colombia, Cote d’Ivoire, Kuwait, Nigeria, Peru, Rwanda and Zambia.