Company
Helios Towers PLC
LON:HTWS
Helios Towers PLC owns and operates telecommunications towers and passive infrastructure in five high-growth African markets. When it floated in London in October 2019, Helios was operating in Tanzania, Democratic Republic of Congo, Congo Brazzaville, Ghana and South Africa.
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Helios Towers interims boosted by acquisitions and strong tenancy growth
"We have delivered strong organic tenancy growth in the first half of the year, which combined with the successful integration of acquired assets in Senegal, Madagascar and Malawi has resulted in impressive year-on-year financial performanc
Helios Towers completes acquisition of Airtel Africa's mobile tower business in Malawi
Gross consideration for the deal is US$55mln, of which 20% is backed by Old Mutual Infrastructure Investment Trust Fund, representing a local Malawian shareholding of 20%
Helios Towers to invest US$100mln in measures to halve tenant carbon intensity by 2030
The mobile telecoms infrastructure company aims to become a net zero carbon emissions business by 2040
Helios Towers on track to achieve strategic plan well ahead of schedule
Reported losses before tax shrank to US$43.6mln from US$83mln
Helios Towers rated ‘buy’ on promise of ‘strong organic growth’
“We believe Helios’s uniquely currency protected and high returns towerco business model deserves to trade at the top end of the peer group," Berenberg said in a note.
Helios Towers shares drop as shareholder sells 52mln shares
The company won't receive any proceeds from the placing.
Helios Towers expects to keep up pace of rollout
Incremental tenancies for 2020 are forecast to be around 1,000
Helios Towers sees earnings rise in first half, shrugs off coronavirus pandemic
The company attributed the higher EBITDA to tenancy growth combined with “continued improvements in operational efficiency"
Helios Towers floats after second attempt
Helios Towers owns and operates over 6,500 telecom towers in five African countries