And then there were none. At the dawn of 2018, three African phone tower companies had dreams of selling shares in London or New York. The most optimistic estimates pegged their potential combined valuation at
Browsing: Helios Towers
IHS Towers has postponed an initial public offering that would have valued the company at as much as $10-billion (R135-billion), according to people familiar with the matter, because of concern that a sale
African telecommunications company Eaton Towers has decided to postpone an initial public offering on concern that conditions are hurting valuations, according to people familiar with the matter. Eaton Towers, partly owned
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
Helios Towers, one of the largest sub-Saharan telecommunications tower operators, plans an initial public offering in early April to allow shareholders such as Soros Fund Management to reduce their stakes. Helios Towers plans
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