IHS Towers has delivered a strong financial performance for 2024, exceeding revenue, EBITDA, and cash flow targets while optimizing capital and strengthening market contracts. The company reported revenue of $1.71 billion, a 48.1% organic increase year-on-year, with Adjusted EBITDA of $928.4 million, surpassing guidance. Strategic initiatives included renewing key contracts with MTN and Airtel Nigeria, reducing exposure to power prices, and restructuring debt to improve financial stability. IHS also completed asset disposals, including selling its 70% stake in IHS Kuwait and exiting Peru. Looking ahead, the company is positioned for further growth in 2025, driven by expanding 5G deployment and improving market conditions in Nigeria. Read the full news here: TechAfrica News