Business Combinations (Tables)

9 Months Ended

Sep. 30, 2024

IHS Kuwait acquisition of towers in Kuwait

Business Combinations

Disclosure of detailed information about asset acquisitions

	2023
	$’000
Gross consideration	6,408
Less: consideration received in exchange for a retained 30% interest (by Zain Kuwait) in IHS GCC KW	(1,922)
Net cash consideration for 70% controlling interest in the acquired towers	4,486
Identifiable assets acquired and liabilities assumed:
Towers and tower equipment	5,576
Customer-related assets	2,224
Network-related assets	766
Trade and other payables	(2,158)
Total identifiable net assets acquired (at 100%)	6,408
Goodwill	—
Non-controlling interest portion of above at 30%	1,922