Helios Towers Plc. (“HT” or the “Company”) is an independent tower company with operations across five countries in Africa, namely Tanzania, DRC, Ghana, Congo Brazzaville and South Africa. HT provides passive telecommunications infrastructure and rents out tower space to large mobile phone companies, but also internet service and data providers. HT has around 7,000 sites across these countries and aims to expand its portfolio to 12,000 across at least 8 markets by 2025. HT is currently evaluating several markets for potential expansion in Africa. The proposed Project entails the provision of a debt package of up to US$ million from IFC’s own account and up to US$ million in mobilization or parallel loans to support HT’s expansion in Africa. The underlying loans will be made to country specific operating companies (OpCos). The first country identified for financing is Senegal, where HT announced that it agreed to acquire over 1,200 sites from Free Senegal and committed to rollout 400 build-to-suit sites in the next 5 years. On top of the committed rollout, HT plans to invest) for further organic growth of additional 180 towers and the upgrade of the existing portfolio between 2021 and 2025. HT plans to close the acquisition in the first quarter of 2021 following the required regulatory approvals.
Helios Towers PLC
Point of Contact: Tom Greenwood, Chief Operating Officer
Telephone number: +44 (0) 207 871 3670
10th Floor 5 Merchant Square, West London, W2 1AS United Kingdom
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