IHS Holding rises after raising annual revenue forecast

IHS Holding

12/11/2025 14:56

** Shares of IHS holding  4JB.F up about 8% at $7.92 early market trading

** Co expects annual revenue of $1.72 billion to $1.75 billion, compared with previous view of $1.70 billion to $1.73 billion, betting on strong quarterly performance and solid revenue growth

** Posts Q3 revenue of $455.1 million, beating analysts' avg. estimate of $424.4 million - data compiled by LSEG

**  Co last month signed new site agreement with TIM S.A. to expand their partnership in Brazil; aims to build up to 3,000 sites, with initial minimum deployment of 500 sites

** IHS Holding also completed disposal of 100% of IHS Rwanda to Paradigm Tower Ventures for enterprise value of $274.5 million last month, as part of strategic initiatives targeted at shareholder value creation

** As of last close, stock up ~113%, YTD

 (Reporting by Koyena Das)

 ((koyena.das@thomsonreuters.com))