Helios Towers announced its first full year’s results as a public company this March 12, running to 31 December 2019. As we have grown used to seeing from Africa’s third largest towerco, they have added new sites, new tenancies, increased revenue and EBITDA, as Helios Towers continues its organic growth and programme of operational excellence. TowerXchange here summarises the 2019 results and includes some exclusive comments from CEO Kash Pandya, and CFO Tom Greenwood.
Helios Towers site count as of 31 December 2019
Results
Revenue increased by 9% year-on-year to US$388mn from US$356m in 2018.
