IHS Towers has announced that it has acquired Centennial Towers’ Brazilian and Colombian tower operations. The acquisition includes 602 sites in Brazil and 217 in Colombia; Centennial’s 800 towers in Mexico are not included in the transaction.
TeleGeography notes that the takeover deal represents IHS’s third LatAm acquisition in quick succession. The tower firm acquired Skysites earlier this year and Cell Sites Solutions (CSS) in 2020.
IHS currently operates more than 29,700 towers across nine markets, namely Brazil, Cameroon, Colombia, Cote d’Ivoire, Kuwait, Nigeria, Peru, Rwanda and Zambia.