{"id":664,"date":"2025-05-12T14:25:07","date_gmt":"2025-05-12T13:25:07","guid":{"rendered":"https:\/\/techstream.africa\/?p=664"},"modified":"2025-05-12T14:25:07","modified_gmt":"2025-05-12T13:25:07","slug":"ihs-shares-hit-20-month-high-as-nigerian-telcos-bounce-back","status":"publish","type":"post","link":"https:\/\/techstream.africa\/?p=664","title":{"rendered":"IHS shares hit 20-month high as Nigerian telcos bounce back"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" src=\"https:\/\/techstream.africa\/wp-content\/uploads\/2025\/05\/IHS-Towers.jpeg\" alt=\"\" class=\"wp-image-665\" srcset=\"https:\/\/techstream.africa\/wp-content\/uploads\/2025\/05\/IHS-Towers.jpeg 1024w, https:\/\/techstream.africa\/wp-content\/uploads\/2025\/05\/IHS-Towers-300x225.jpeg 300w, https:\/\/techstream.africa\/wp-content\/uploads\/2025\/05\/IHS-Towers-768x576.jpeg 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>IHS Towers, Africa\u2019s largest independent telecom tower company, saw over 3 million shares traded on the New York Stock Exchange (NYSE) on May 7, its highest single-day volume in nearly two years. The surge in trading activity, accompanied by a 9.7% jump in share price to $5.7, underscores how investor sentiment is shifting in favour of infrastructure enablers as Nigeria\u2019s top telcos rebound from a turbulent stretch.&nbsp;<\/p>\n\n\n\n<p>The spike also has real implications for the future of internet connectivity in Nigeria and across IHS\u2019s other African markets. With Nigeria contributing 58.3% of the company\u2019s total revenue in 2024, and MTN Nigeria and Airtel Nigeria accounting for a&nbsp;<a href=\"https:\/\/techcabal.com\/2025\/03\/19\/mtn-airtel-drive-57-of-ihs-towers-revenue\/\" target=\"_blank\" rel=\"noreferrer noopener\">combined 57% of that revenue<\/a>, IHS\u2019s business performance is deeply intertwined with the operational health of these telecom giants. As both telcos return to profitability in 2025 after navigating currency shocks and rising costs in recent years, investor interest in IHS Towers is growing in tandem.<\/p>\n\n\n\n<p><a href=\"https:\/\/techcabal.com\/2025\/05\/12\/ihs-shares-hit-20-month-high\/\">To read more, click here.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>IHS Towers, Africa\u2019s largest independent telecom tower company, saw over 3 million shares traded on the New York Stock Exchange (NYSE) on May 7, its highest single-day volume in nearly two years. The surge in trading activity, accompanied by a 9.7% jump in share price to $5.7, underscores how investor sentiment is shifting in favour&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-664","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts\/664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=664"}],"version-history":[{"count":1,"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts\/664\/revisions"}],"predecessor-version":[{"id":666,"href":"https:\/\/techstream.africa\/index.php?rest_route=\/wp\/v2\/posts\/664\/revisions\/666"}],"wp:attachment":[{"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techstream.africa\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}