Helios Towers plc, the independent telecommunications infrastructure company, has announced that it has signed a new five-year up to US$600m term loan facilities agreement (“New TL”) and up to US$120m revolving credit facility agreement (“New RCF”) (together the “New Facilities”), with the New Facilities ranking pari passu with the 7.000% Senior Notes due 2025 issued...
Telecoms infrastructure provider Helios Towers revealed a hike in revenue and profit in its H1 results and announced raises to its outlook despite high debt. The company saw H1 2023 revenue increase by 32% year-on-year (YoY) to US$350.2 million, driven by strong organic tenancy growth, acquisitions in Malawi and Oman and contractual escalators. Adjusted EBITDA in the...
Helios Towers is in talks with mobile network operators (MNOs) in SA about providing power-as-a-service to its sites in the country, says CEO Tom Greenwood. This, as the independent telecoms infrastructure company looks to alleviate load-shedding’s detrimental impact on network infrastructure. South African MNOs have decried the effects of rolling blackouts on network quality and infrastructure. Network...
Helios Towers plans to take advantage of the evolution to next-generation mobile technologies, such as 5G and 6G, as it targets a bigger footprint across its markets. This is according to Sainesh Vallabh, chief executive for Southern and Central Africa for Helios Towers, speaking to ITWeb recently on the sidelines of Mobile World Congress 2023,...
Helios Towers PLC (LSE:HTWS) is expected to underline strong revenue growth in its results for the year ending December 31, 2022 on Thursday, March 16. Following a strong third quarter and noting a “robust” commercial pipeline, the Africa-focused telecoms towers operator raised its tenancy guidance to between 1,400 and 1,700 units (previously between 1,200 and 1700)....
Vodacom Tanzania Foundation in partnership with Helios Towers yesterday donated Sh17 million facilities to support ICT learning at a school in Kibaha. The facilities that were handed over to Nyumbu Secondary School include tablets, routers, a television set, printer and one year internet bundle. Speaking during the hand-over ceremony at the school, Vodacom Tanzania Foundation...
With its African and Middle Eastern portfolios continuing to perform strongly, the independent tower operator has set aside a further $650 million for acquisitions in 2022 Last week, Helios Towers announced its latest financial results, showing a revenue increase of 25% from $212.4 million in HY1 2022 to $265.4 million in H2. Helios attributes this...
Airtel Africa PLC and Helios Towers PLC on Friday said that they closed the sale of Airtel Africa’s telecommunications tower company in Malawi to Helios Tower. The sale of Airtel Africa’s tower company in Malawi was first announced in March of last year. In February of this year, the companies both noted that they were...
Airtel Africa announced that it entered into memorandum of understanding agreements for the potential sale of its tower assets in Chad and Gabon to Helios Towers. Their previous arrangement announced nearly a year ago expired 24 February, as completion is still subject to Helios Towers obtaining a passive infrastructure licence. Source: Telecompaper.com
Helios Towers announced that it has set a target to reduce its carbon intensity per tenant by 46 percent by 2030. The target covers Scope 1 and 2 emissions against a 2020 baseline and covers the five markets where the company was operational in 2020. This 2030 target translates into maintaining absolute emissions at 2020...
