Announced
Synopsis
IHS Towers, one of the largest independent owners, operators and developers of shared telecommunications infrastructure in the world, agreed to acquire Brazilian and Colombian tower operations of Centennial Towers, an independent developer, owner and operator of wireless communications towers in Latin America. Financial terms were not disclosed. "Following our recent acquisition of Skysites in Brazil, I am delighted to announce the acquisition of a third Latin American tower operator. The addition of Centennial Towers’ Brazilian and Colombian operations adds scale to our IHS Towers Latin American portfolio and will further strengthen the deep expertise and solutions we can offer to current and potential customers in these markets. Latin America remains a key region for us with its high growth potential and, through these transactions, we will continue to increase our market presence and build on the momentum sparked by our initial entry into the region last year with the acquisition of Cell Site Solutions," Sam Darwish, IHS Chairman and CEO.
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