Infrastructure company IHS Towers completed the sale of assets in Brazil and Colombia to Macquarie Asset Management, a deal announced in February as being worth $952 million.

IHS noted the sale signals its exit from the Latin America region and is part of a strategy around “shareholder value-creation”.

Macquarie noted the transaction includes 8,700 sites in Brazil and 250 in Colombia, strengthening its position as a “long-term investor in the digital infrastructure sector” and “supporting the growth of critical infrastructure across Latin America”.

The investment company’s Brazil country manager Fernando Lohmann added the market he heads “continues to be one of the most attractive infrastructure markets globally, supported by growing demand for connectivity and long-term investment in critical services.”

“As digitalisation accelerates across Brazil and the broader region, resilient communications infrastructure will play an increasingly important role in supporting economic growth and social development”.

Completion of the sale comes as operator group MTN continues to work towards an acquisition of IHS Towers, a company it already owned around a quarter of before announcing its intent for a complete buyout in February.  

The deal with MTN is still undergoing the regulatory process. Earlier this week, IHS shareholders formally approved the takeover bid at the company’s extraordinary general meeting.  

In a stock market notification today (7 August), the operator group noted the sale of the IHS’s Latin American assets aligned with its intention “to acquire only IHS’s African assets”.

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NTT Docomo Business partnered with Chilean state-owned copper mining company Codelco to assess the viability of remotely operating heavy machinery over high capacity, low latency communications architecture.

The pair plan to connect the El Teniente mine to a remote operations centre 1,500km away using an Innovative Optical and Wireless Network All Photonic Network (IOWN APN), which the technology company hopes will provide the means for remote operations and HD video monitoring at the site.  

For Codelco the test is part of an ambition to up safety and efficiency at its mines. It aims to move towards advanced monitoring and remote operations, partly to address working condition issues including easing a risk of mine collapses.

NTT noted the mining company was also struggling from a lack of access to skilled operators.  

Among the specific areas set to be assessed in the project are: the type of communication environment needed; evaluation of network configurations with a view to cutting down the number of operations centres required; and examining the use of IOWN APN more generally in the mining sector.

NTT noted it planned to use insights from this project to create new use cases for IOWN APN technology, which the company has been heavily pushing for industrial uses.  

“The company will explore the potential for further applications in the mining and energy sectors, as well as across other sectors where remote operations are required,” it added.

The project is part of a research programme commissioned by Japan’s Ministry of Internal Affairs and Communications.

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