Helios towers news

Helios Towers is a leading independent telecommunications infrastructure company in Africa and Latin America. Here are some recent news and updates about Helios Towers:

Recent News:

  1. Helios Towers acquires 1,500 towers in Peru: In November 2022, Helios Towers announced the acquisition of 1,500 towers in Peru from Telefónica. This deal expands Helios Towers' presence in the country and increases its total tower portfolio to over 10,000 sites across Africa and Latin America. (Source: Helios Towers)
  2. Helios Towers partners with MTN to deploy 5G network in Ghana: In October 2022, Helios Towers announced a partnership with MTN Ghana to deploy a 5G network in the country. The partnership will see Helios Towers providing tower infrastructure and services to support MTN's 5G rollout. (Source: BusinessGhana)
  3. Helios Towers reports strong Q3 2022 results: In November 2022, Helios Towers reported strong financial results for the third quarter of 2022, with revenue growth of 14% year-on-year and adjusted EBITDA margin of 64%. (Source: Helios Towers)
  4. Helios Towers appoints new CEO: In September 2022, Helios Towers announced the appointment of Andrew Griffiths as its new Chief Executive Officer. Griffiths has over 20 years of experience in the telecommunications industry and has previously held leadership roles at companies such as Vodafone and O2. (Source: Helios Towers)

Recent Developments:

  1. Helios Towers' expansion in Africa: Helios Towers has been expanding its presence in Africa, with recent deals in countries such as Ghana, Kenya, and Tanzania. The company has also been investing in its tower infrastructure and services to support the growth of mobile networks in the region.
  2. 5G deployment in Latin America: Helios Towers has been supporting the deployment of 5G networks in Latin America, with recent deals in countries such as Peru and Chile. The company's tower infrastructure and services are well-positioned to support the growth of 5G networks in the region.
  3. Sustainability initiatives: Helios Towers has been focusing on sustainability initiatives, including reducing its carbon footprint and increasing its use of renewable energy. The company has set a target to reduce its carbon emissions by 50% by 2025.

Industry Insights:

  1. Telecommunications infrastructure investment: The telecommunications infrastructure market is expected to continue growing in the coming years, driven by the increasing demand for mobile data and the need for 5G networks.
  2. Competition in the tower industry: The tower industry is becoming increasingly competitive, with several companies vying for market share. Helios Towers is well-positioned to compete in this market, with its strong presence in Africa and Latin America.
  3. Regulatory environment: The regulatory environment for telecommunications infrastructure companies is complex and evolving. Helios Towers is working closely with regulators and governments to ensure that its operations are compliant with local laws and regulations.