Helios Towers
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Helios Towers says that closing conditions have been met as it looks to acquire the cell towers of Omantel.
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Helios Towers’ revenue rose around 25% from US$212.4 million to US$265.4 million for the first half of 2022.
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Airtel Africa has extended its memorandum of understanding (MoU) with Helios Towers and will not be renewing its agreement with the telco in Chad.
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Capacity shares five key stories from around the world making headlines today!
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In this episode of the Digital Digest, we roundup the biggest stories of the week from breaking news out of GTT to a world first from BT.
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To spin or not to spin? América Móvil is to ask its shareholders for their approval on the sale of its tower assets.
Forthcoming events
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Helios Towers saw revenue growth of 4% over the first half of the year, as the number of sites owned increased by 21%.
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Helios Towers says it has raised US$160 million in equity and bonds in order to invest in more tower infrastructure in Africa and elsewhere.
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Helios Towers has entered an agreement to acquire Oman Telecommunications Company’s (Omantel) passive tower infrastructure portfolio of 2,890 sites, for $575 million in cash.
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Airtel Africa is selling its telecoms tower companies in Madagascar, Malawi, Chad and Gabon to Helios Towers.
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Helios Towers has witnessed a 7% year-on-year increase in revenue in the first nine months of the year.
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Capacity shares 5 key stories from around the world making headlines today!
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Africa-focused telecom tower infrastructure company Helios Towers has closed its initial public offering (IPO) on $1.45 billion.
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Helios Towers has entered the South African market after entering into an agreement with Vulatel to create an infrastructure platform in the country.
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Helios Towers is upgrading and building backbone sites covering 1,800km in the Democratic Republic of Congo (DRC).