Tower operator IHS Towers, one of the largest independent owners, operators and developers of shared telecommunications infrastructure, has appointed Sandile Msimango as vice-president and CEO, IHS South Africa.
In a statement, the company says based in Johannesburg, Msimango will lead IHS’s South African operations, reporting directly to executive vice-president, group chief operating officer, William Saad.
His appointment follows the announcement on 17 November 2021, of IHS’s signed agreements to acquire 5 709 telecommunication towers in South Africa from mobile operator MTN.
According to the company, Msimango has over 20 years’ experience in mergers and acquisitions (M&A), investing, corporate strategy implementation and execution.
He is a former MTN Group M&A executive, where he served as head of infrastructure investments and was instrumental in its tower monetisation strategy, says IHS.
It adds that he began his investment banking career with Deutsche Securities and later Goldman Sachs International.
Most recently, he was founder and managing partner of a strategic financial advisory consultancy and investment vehicle, Coombe Advisory, with offices in London and Dubai.
Sam Darwish, IHS Towers chairman and chief executive officer, says: “Sandile’s appointment is an important step in our expansion into South Africa.
“On completion of our acquisition of MTN’s 5 709 towers, IHS will be the largest independent tower operator in the country. This marks the start of an exciting new chapter, and it is important that we have the most skilled executive leading these operations. Sandile brings that specialist telecommunications experience, and a deep knowledge of the South African market gained on-the-ground.”
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