Why These 15 Communication Services Stocks Are up the Most So Far in 2025

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6. IHS Holding Ltd (NYSE:IHS)

Number of Hedge Fund Holders In Q4 2024: 17

IHS Holding Ltd (NYSE:IHS) is one of the world’s largest independent owners and operators of shared communications infrastructure, primarily focused on emerging markets across Africa and Latin America.

The stock’s sharp rise in 2025 is mainly due to a significant earnings beat in the fourth quarter of 2024, where IHS reported earnings per share of $0.73, far exceeding the forecast of $0.01, and revenue of $437.8 million, also above expectations.

IHS sold its 70% stake in its Kuwait business for $230 million, and the earlier sale of its Peru operations, both part of a broader strategic review aimed at raising $500 million to $1 billion through asset disposals. These moves improved the company’s balance sheet.

IHS stock is up 65.41% year-to-date.

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