IHS Nigeria Plc , a telecommunication infrastructure provider, has signed a partnership agreement with Visafone that includes the leasing and sale of Visafone towers. IHS specializes in delivery of solar power systems through communication systems, like tower sites.
The statement read in part, “This strategic partnership shall lead to significant benefits by enabling Visafone to focus on its core business of providing mobile services and solutions, bringing in operational efficiency, and enhanced quality of service to its customers. But many people are not bought over immediately.
“It will also provide IHS the platform of consolidating its telecoms infrastructure business and industry leadership position with more than 800 owned sites under collocation in Nigeria and several thousands of sites under management.”
“While it is a smart move for the companies, it is still too early to tell if they can actually build this into something that will generate interest in developing the telecom sector as a whole,” said Jacob Yungan, a Nigerian Ministry of Communications official.
Visafone is the largest CDMA mobile operator in Africa a digital. Generally, CDMS is seen as less glamorous than GSM which has been better adopted in the continent.
IHS Nigeria Plc a leading telecommunications infrastructure provider with headquarters in Nigeria and operations throughout the African continent particularly in Ghana, Sudan, and Tanzania. IHS currently employs more than 800 staff all over Africa and is listed on the Nigerian Stock Exchange (ticker: IHS) and regulated by the Nigerian Securities and Exchange Commission. The company became ISO 9001:2008 certified in 2006.