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
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MTN is boosting its economic interest in mobile phone tower operator IHS Group from 15% to 29%, the JSE-listed telecommunications group told shareholders on Wednesday. In a statement on the JSE’s stock exchange
Mobile phone towers have become big business across Africa as rising costs mean it is less appealing for network operators to manage and maintain the infrastructure. A trend to outsourcing them, which started a few years ago, is gaining rapid momentum