Browsing: Helios Towers

MTN Group could cash in from an initial public offering of Africa’s largest telecommunication towers company by selling down a stake valued by the wireless carrier at about R27bn. IHS Towers, of which Johannesburg-based MTN

Telecommunications infrastructure provider IHS Holding has announced plans to acquire Helios Towers Nigeria’s portfolio of 1 211 tower sites in the West African nation. The deal, which

Rwanda is hoping for a boom in business with plans to offer free Wi-Fi-based Internet access nationwide, starting with a roll-out in the capital city, Kigali. The Rwandan government started the city-wide roll-out last month, targeting schools, public buildings, bus stations and hotels in the city first. IT minister

Vodacom is selling more than a thousand of its base stations in Tanzania to tower operator Helios in a deal worth about US$75m, according to a UK media report. This is the first time that Vodacom has sold tower infrastructure to a third party, the Financial Times newspaper reported at the weekend. Its South African

Independent telecommunications tower operator, Nigerian-founded IHS Group, believes that half of the 170 000 base stations built by mobile operators in Africa will be considered for outsourcing within the next three to five years as pressure

MTN SA is considering selling as much as half of its base station infrastructure in SA to improve the efficiency of its capital structure, says MD Karel Pienaar. “We have been looking at this for a long time,” according to Pienaar, who says the company is weighing the economic pros and cons of selling the towers