IHS Towers Buys Brazilian Telecoms Infrastructure Company CCS for Undisclosed Amount
December 27, 2019 | ReutersEstimated reading time: Less than a minute

Mauritius-headquartered telecoms group IHS Towers said on Monday it has agreed to buy Brazilian telecoms infrastructure company Cell Site Solutions (CSS) from Goldman Sachs and Centaurus Capital LP for an undisclosed amount, to expand in Latin America.
The acquisition is part of IHS’s strategy to become the a leading owner, operator and developer of shared telecommunications infrastructure in emerging markets.
“Brazil’s topography and compact urban areas, coupled with the recent economic upturn, provide favorable macroeconomic factors for 4G and 5G deployment,” IHS’s chairman and chief executive Sam Darwish said in a statement.
The transaction, which was first reported by newspapers O Estado de S.Paulo and Valor Econômico, is subject to regulatory approval, IHS added.
According to the company, CSS has approximately 2,290 towers and other telecoms infrastructure sites across Brazil, Peru and Colombia.
Suggested Items
Intel Restructures Leadership Under New CEO Lip-Bu Tan
04/22/2025 | I-Connect007 Editorial TeamIntel has announced a reorganization of its executive leadership under newly appointed CEO Lip-Bu Tan. Several core divisions—including the Data Center and AI Group and the Client Computing Group—will now report directly to Tan, streamlining the company’s reporting structure.
Jabil Announces Appointment of New Director to the Board
04/21/2025 | Jabil Inc.Jabil Inc., a global engineering, supply chain, and manufacturing solutions provider, announced that Sujatha Chandrasekaran has been appointed to its Board of Directors.
DuPont Announces Additional Directors for the Planned Independent Electronics Company
04/18/2025 | DuPontDuPont announced that Karin De Bondt and Anne Noonan will become members of the future board of directors for the independent Electronics public company that will be created following its intended spin-off from DuPont, which is targeted for November 1, 2025.
AdvancedPCB Appoints Gary Stoffer as Chief Commercial Officer
04/18/2025 | PRNewswireAdvancedPCB is proud to announce the appointment of Gary Stoffer as its new Chief Commercial Officer (CCO). In this role, Stoffer will lead all sales, marketing, and commercial strategy initiatives as the company continues its mission to deliver cutting-edge PCB solutions to industries worldwide.
Intel Announces Strategic Investment by Silver Lake in Altera
04/14/2025 | IntelIntel Corporation announced that it has entered into a definitive agreement to sell 51% of its Altera business to Silver Lake, a global leader in technology investing.