Investor Presentaiton
Executive Summary
Macroeconomic
Environment
COVID-19 impact
■ 2019 Nigeria GDP growth of
2.3% (1)
Capital importation: $24BN in
FY'19 or +43% VPY(1)
Inflation: 11.4% in 2019 (vs.
12.1% in 2018) (1)
Foreign exchange reserves:
$35BN as of 20 March 2020 (vs.
$42BN as of 20 March 2019) (2)
Nigeria Telecom Industry
■ Telecom accounted for 10.6% of
the Nigerian GDP in Q4'19
compared with 9.9% in Q4'18 (3)
■ Total subscriptions as of Dec'19
were 184.7M which is a 11.8M
increase compared with Dec'18 (3)
GSM data subscribers as of
Dec'19 were 125.7M which is a
14.1M increase compared with
Dec'18 (3)
■ 3G/4G penetration of 38% in
Dec 19, which is +6% compared
with Dec'18 (3)
IHS Highlights
Strong performance through
the year, with underlying and
reported growth delivered
Continued portfolio expansion
through increase in towers,
tenants, and lease amendments
Well positioned at year-end and
going into 2020 to address
current macro and operational
challenges
(1)
Source: Nigeria Bureau of Statistics
(2)
Source: Central Bank of Nigeria
(3) Source: Nigeria Communications Commission
Q4 FY 2019 Unaudited Results
IHS
Towers of strengthView entire presentation