TowerXchange analysis: Helios Towers Africa’s acquisition of 3,100 towers from Airtel

As HTA’s tower count exceeds 7,800, diversification and scale helps attract US$630mn in new equity resources

Read this article to learn:

  • The importance of scale and diversity in mitigating risk and attracting investment into emerging market towercos
  • Insights into the disciplined process run by Airtel
  • How HTA deploys improvement capex
  • Analysis of the tower markets in the four countries rumoured to be included in the deal

Helios Towers Africa (HTA) has acquired 3,100 of Airtel’s 15,000+ African towers currently for sale. TowerXchange present an educated guess as to the four countries involved, and note that reported valuations of US$400-550mn correspond with HTA’s parallel announcement of the injection of $630mn in new capital. This feature also includes an exclusive interview with Chuck…

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