Helios Towers Sees Strong Financial Growth, Reports 31% Revenue Increase in Nine-Month Results

Total revenue for this period amounted to US$533.7 million, marking a 31% increase compared to the same period last year. Helios Towers plc, the independent telecommunications infrastructure company, has released its financial results for the nine months ending on September 30, 2023. The company’s performance has been marked by robust growth in tenancy, supported by...

Helios Towers Secures Up to $720M in New Credit Facilities for Debt Refinancing

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...

Helios Towers reports profit hike in H1

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 eyes load-shedding reprieve for SA’s telcos

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: Monetisation is key for Africa-focused telecoms infrastructure group

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)....

Tanzania: Vodacom, Helios Towers in Sh17 million aid

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...

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