IHS Towers announces passing of board member Frank Dangeard

LONDON - IHS Holding Limited (NYSE:IHS), a major communications infrastructure operator with a market capitalization of $2.36 billion and an impressive 141% year-to-date stock return, announced Monday the passing of Frank Dangeard, who served as an Independent Non-Executive Director on the company’s Board of Directors.

Dangeard joined the IHS Towers board in September 2020 and was described by the company as a valued member who brought significant expertise to the organization.

"Frank was a kind and caring, highly respected colleague and advisor who brought a wealth of knowledge and expertise to IHS," said Sam Darwish, Chairman and CEO of IHS Towers, in a press release statement. "His contributions to IHS were invaluable and he will be greatly missed by all who knew and worked with him."

IHS Towers describes itself as one of the world’s largest independent owners, operators and developers of shared communications infrastructure by tower count, with operations focused on emerging markets. The company currently maintains over 39,000 towers across eight markets, including Brazil, Cameroon, Colombia, Côte d’Ivoire, Nigeria, Rwanda, South Africa and Zambia.

The company did not disclose the cause or date of Dangeard’s death in its announcement.

In other recent news, IHS Holding Limited reported second-quarter earnings that surpassed analyst expectations. The telecommunications infrastructure company also announced an increase in its full-year 2025 guidance, indicating a positive outlook according to its projections. Despite these strong results, the company’s shares experienced a decline in pre-market trading. These developments highlight IHS Holding’s financial performance and future expectations, as assessed by the company. The raised guidance reflects the company’s confidence in its ongoing operations and market position. Investors may find the updated outlook noteworthy as it suggests potential growth in the coming years.

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