Helios Towers Africa are the third largest towerco on the African continent, owning a portfolio of 6,447 towers across four countries and generating revenues of $282.5mn in FY16. Having recently released their 2016 annual report, TowerXchange take a deep dive into the company’s performance in 2016 and examine what is on the agenda for the coming years.
An introduction to Helios Towers Africa
For those familiar with the African tower industry, Helios Towers require no introduction. Founded in 2009, the company completed its first major tower transaction in 2010, acquiring 750 towers from Tigo in Ghana and have since completed five further major tower transactions establishing a footprint in Congo Brazzaville, the DRC and Tanzania (figure one).
