04:57 AM EST, 12/23/2024 (MT Newswires) -- IHS Holding ( IHS ) said Monday it has completed the sale of its IHS Towers subsidiary's 70% stake in IHS Kuwait to Zain Group.

Financial terms were not disclosed. The assets sold include 1,675 sites in Kuwait and an additional 700 or so sites managed in Kuwait.

The telecommunications infrastructure company described the sale as part of an "ongoing strategic review targeted at shareholder value-creation options."