Helios moves east with $575 million Omantel site acquisition
Africa-focused telecoms infrastructure specialist Helios Towers has expanded to the Middle East with the acquisition of 2,890 sites from Omantel.
Africa-focused telecoms infrastructure specialist Helios Towers has expanded to the Middle East with the acquisition of 2,890 sites from Omantel.
Bharti Airtel has brokered several more towers deals that will see it sell off 2,500 towers in Africa to passive infrastructure specialist Helios Towers.
Operator group Bharti Airtel, which focuses on emerging markets in Asia and Africa, has divested 3,100 telecom towers to Helios Towers Africa for an undisclosed sum. Local reports suggest the deal could raise as much as $2bn.
Mobile tower outsourcing in Africa continues apace with Vodacom Tanzania on Monday striking a deal to offload its entire tower network to Helios Towers and rent access back.
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