Helios Towers Africa
The profile is currenly unclaimed by the seller. All information is provided by CB Insights.
Founded Year
2019Stage
IPO | IPOTotal Raised
$630MDate of IPO
10/15/2019About Helios Towers Africa
Helios Towers Africa (HTA) is a telecommunications towers company with a significant build pipeline. HTA operates in Ghana, Tanzania, the Democratic Republic of Congo and the Republic of Congo. HTA acquires, builds and manages telecom infrastructure, leasing it to operators in Africa. HTA pioneered the sale-leaseback model in Africa, buying towers held by single operators and leasing them back to the seller and multiple other operators simultaneously.
Helios Towers Africa Headquarter Location
10th Floor 5 Merchant Square West
London, England, W2 1AS,
United Kingdom
+44 (0) 207 871 3670
Latest Helios Towers Africa News
Jun 28, 2022
Sydney, AUSTRALIA Sydney, June 28, 2022 (GLOBE NEWSWIRE) -- Just released, this edition of BuddeComm report outlines the latest developments and key trends in the telecoms markets. - https://www.budde.com.au/Research/Senegal-Telecoms-Mobile-and-Broadband-Statistics-and-Analyses/?utm_source=GNW The introduction of competition heralded a dramatic growth in the number of mobile subscribers. Tigo’s parent company, MIC, in February 2017 aimed to sell the unit to the Wari Group for $129 million, and at the same time sell its 22% stake in Helios Towers Africa. Both transactions were in line with the company’s focus on developing fixed and mobile data services in markets where it had a strong market share. The deal with Wari Group failed to progress, and Tigo Senegal was instead sold to the Saga Africa Holdings consortium, operating since then under the Free brand. Free sold its passive infrastructure assets (including 1,220 sites) to Helios Towers in 2020, in turn securing a 15-year lease on the infrastructure. In mid-2021, Helios Towers Senegal began a $200 million investment program aimed at upgrading telecom coverage in Senegal through to 2026. As with investments made by Sonatel in recent years, this commitment forms part of Helios Towers contributing to the 2025 Digital Senegal plan, which is aimed at implementing ICT measures to boost economic productivity in teh country.
Helios Towers Africa Web Traffic
Helios Towers Africa Rank
When was Helios Towers Africa founded?
Helios Towers Africa was founded in 2019.
Where is Helios Towers Africa's headquarters?
Helios Towers Africa's headquarters is located at 10th Floor, London.
What is Helios Towers Africa's latest funding round?
Helios Towers Africa's latest funding round is IPO.
How much did Helios Towers Africa raise?
Helios Towers Africa raised a total of $630M.
Who are the investors of Helios Towers Africa?
Investors of Helios Towers Africa include Millicom International Cellular, RIT Capital Partners, Helios Investment Partners, Quantum Strategic Partners, Albright Capital Management and 4 more.
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