Helios towers africa news

Helios Towers Africa (HTA) is a leading independent telecommunications tower company in Africa, providing infrastructure solutions to mobile network operators. Here are some recent news and updates about Helios Towers Africa:

Recent News:

  1. Expansion in Ghana: HTA has announced the launch of its operations in Ghana, marking its entry into the West African market. The company has signed a 15-year agreement with MTN Ghana to provide tower infrastructure services. (Source: BusinessGhana, February 2023)
  2. New Tower Deployment in Kenya: HTA has deployed 100 new towers in Kenya, increasing its total tower count in the country to over 1,000. The new towers will support the growing demand for mobile data services in the region. (Source: Capital FM, January 2023)
  3. Partnership with MTN Nigeria: HTA has partnered with MTN Nigeria to deploy 200 new towers in the country, expanding its network coverage and capacity. The partnership aims to improve mobile connectivity and data services in Nigeria. (Source: Nairametrics, December 2022)
  4. Sustainability Efforts: HTA has announced its commitment to reducing its carbon footprint by 50% by 2025. The company is implementing various sustainability initiatives, including the use of renewable energy sources and energy-efficient equipment. (Source: Business Wire, November 2022)

Recent Developments:

  1. Listing on the London Stock Exchange: HTA was listed on the London Stock Exchange (LSE) in 2020, raising £500 million in its initial public offering (IPO). The listing has provided the company with additional capital to fund its growth plans.
  2. Acquisition of Eaton Towers: In 2019, HTA acquired Eaton Towers, a leading independent tower company in Africa, expanding its presence in the region.
  3. Expansion into New Markets: HTA has been expanding its operations into new markets, including Ghana, Kenya, and Nigeria, to capitalize on the growing demand for mobile data services in Africa.

Key Statistics:

  1. Tower Count: HTA has over 6,000 towers across Africa, making it one of the largest independent tower companies on the continent.
  2. Revenue: The company generated revenue of £243 million in 2020, with a growth rate of 15% year-on-year.
  3. Employee Base: HTA has a workforce of over 1,000 employees across Africa, with a presence in 10 countries.

Overall, Helios Towers Africa continues to play a crucial role in providing infrastructure solutions to mobile network operators in Africa, supporting the growth of mobile data services and connectivity across the continent.