Paradigm to acquire Rwanda operations from IHS for $275m.

Paradigm, a telecommunications service provider, agreed to acquire Rwanda operations from IHS, an independent owners, operators and developers of shared communications infrastructure in the world by tower count, for $275m. “The agreement to sell our Rwanda operations to Paradigm Tower Ventures was carefully considered as part of our strategic initiatives targeted at shareholder value-creation options and highlights the value of our Rwanda operations within our wider portfolio. We have enjoyed more than 10 years of commercial success in Rwanda. We are deeply appreciative to our colleagues and customers, in addition to the Government of Rwanda for its exemplary and investor supportive framework, who have all helped make IHS Rwanda the success it is today," Sam Darwish, IHS Towers Chairman & CEO.