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Stock impact report

GICL Completes the Rollout of 10,000km of Fiber Optic Cables

IHS Holding Limited (IHS) 
US:NYSE Investor Relations: investor.ihsmarkit.com
Company Research Source: Business Wire
LAGOS, Nigeria--(BUSINESS WIRE)--IHS Nigeria, part of the IHS Holding Limited (NYSE: IHS) (“IHS Towers”) group, one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, has today announced the completed rollout of more than 10,000 kilometers of fiber optic cables across Nigeria’s 36 states and the Federal Capital Territory through its subsidiary, Global Independent Connect Limited (GICL). This is an important milestone that serves to support the Federal Government’s National Broadband Plan targeting 70% broadband penetration in Nigeria by 2025.More broadly, IHS Nigeria continues to deploy Fiber-to-the-Tower (FTTT) to provide increased transmission capacity to help improve the performance of fiber access networks and introduction of next-generation technologies, such as 5G services. By connecting towers, IHS Nigeria is helping bring fiber infrastructure to core metropolitan areas and support the delivery o Show less Read more
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