The divestment covers approximately 8,860 sites across the two South American nations. The total enterprise value accounts for both the purchase price and existing lease liabilities. By offloading these assets, IHS Towers narrows its geographic focus, while Macquarie secures a significant foothold in a market poised for a technological leap.

Strengthening Regional Digital Infrastructure

The acquisition integrates into Macquarie’s broader infrastructure portfolio in the region, which already spans transportation, waste management, and renewable energy. According to Fernando Lohmann, Macquarie’s Brazil country lead, the firm anticipates a surge in demand for wireless and digital infrastructure to facilitate the 5G network buildout in Brazil and Colombia over the coming years.

The deal is slated to close later this year, pending customary regulatory approvals. For IHS Towers, the sale represents a major portfolio adjustment, while for Macquarie, it reinforces a long-term bet on the digital transformation of Latin America's largest economies.