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IHS Towers buys Brazilian telecoms company</:

IHS Towers, Nigerian telecoms group, has said an agreement has been reached to purchase Brazilian telecoms infrastructure company Cell Site Solutions (CSS) from Goldman Sachs and Centaurus Capital LP for an undisclosed amount, for expansion in Latin America.

IHS’s chairman and chief executive, Sam Darwish, “Brazil’s topography and compact urban areas, coupled with the recent economic upturn, provide favorable macroeconomic factors for 4G and 5G deployment.”

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