Helios Towers (HTWS) is a telecommunications infrastructure company focused on Africa and is the owner of one of the continent’s most extensive tower portfolios. Over four-fifths of revenue comes from Africa's big five mobile operators, which are signed up to long-term contracts to use towers in its 7,000-strong network. The group aims to have 12,000 towers by the end of 2025. Helios is the leading operator in Tanzania, Democratic Republic of Congo (‘DRC’) and Congo Brazzaville. It also has a presence in Ghana and entered into the South African market in 2019.
Structural growth in African telecoms
Strong revenue visibility
Ambitious growth targets
Rising tower tenancies
High net debt