Helios Towers Africa (HTA) News

Africa Telecom and Tech IPO Pipeline Swells as Growth Companies Target Public Markets. Credit: sokopay.com

Africa Telecom and Tech IPO Pipeline Swells as Growth Companies Target Public Markets

From Nigerian fintech to East African fiber, several exciting and diverse companies are emerging as IPO contenders in Africa’s rapidly growing Technology, Media & Telecommunications (TMT) sector, according to specialist news provider TMT Finance.

Bharti Airtel to sell 1,350 towers in Tanzania to American Tower Corp

Bharti Airtel to sell 1,350 towers in Tanzania to American Tower Corp

Bharti Airtel Ltd, the world’s third largest communications services provider, has signed an agreement with American Tower Corp., to sell approximately 1,350 towers in Tanzania.

Mobile in Africa: Still room to grow (Reuters/Mohamed Nureldin Abdallah)

Why this industry leader believes mobile in Africa has not yet reached its potential

Africa is a mobile-first continent. With almost 70% penetration and the innovations around mobile money, the continent is redefining what one can do with a cell phone.

Millicom receives a 24% stake in leading African towers company, Helios Towers Africa

Millicom receives a 24% stake in leading African towers company, Helios Towers Africa

Millicom and Helios Towers Africa (“HTA”), one of the leading, independent telecommunications towers companies in Africa, this week announced that Millicom will own 24% of shares in HTA on a fully diluted basis following a shareholding reorganization.

MTN in talks with IHS to sell towers for as much as $2 billion

MTN in talks with IHS to sell South Africa towers for as much as $2 billion

MTN Group Ltd. has begun talks with phone-tower operator IHS Holding Ltd. over South African towers the wireless carrier is seeking to sell in a deal valued at as much as $2 billion, according to a person familiar with the matter.

Kash Pandya, CEO, Helios Towers Africa (HTA). Credit: techcabal.com

Helios Towers Africa names Kash Pandya as new CEO

Mobile towers company’s founder and chief executive moves upstairs as newcomer arrives. Helios Towers Africa (HTA) on Wednesday named Kash Pandya as its new chief executive.

US private equity firm KKR made its maiden investment in Africa in 2014, spending $200M on a stake in an Ethiopian flower farm.

African private equity deals hit seven-year high

The value of private equity deals in Africa reached their second-highest level on record in 2014 as population growth and an increasingly stable political climate helped drive international interest in the continent.

A pedestrian checks his mobile handset as he passes a giant logo outside the headquarters of MTN Group Ltd. in Johannesburg. Photographer: Nadine Hutton/Bloomberg

American Tower Is Said to Eye MTN's South African Assets

MTN Group Ltd., Africa’s largest wireless carrier, has received interest from American Tower Corp. for at least a part of the network of about 9,000 towers it’s selling in South Africa, according to people familiar with the matter.

Private equity investors are getting hot for Africa

Private equity investors are getting hot for Africa

When Paul Kavuma began approaching private companies in Africa a decade ago to suggest investing in their businesses and improving the way they were run, he was often shown the door.

Telecommunications Tower

Telkom said to mull phone tower network sale in South Africa

Telkom SA SOC Ltd., a South African phone company seeking to cut costs on a struggling mobile service, is considering a sale of a network of telephone towers in the country, according to people with knowledge of the matter.

Debt Capital Markets

Africa on course for growing debt issuance: Megan McDonald, Global Head of Debt Primary Markets, Standard Bank

Governments and companies in Africa are on course to continue the trend of growing debt issuance this year as investors across the world continue to purchase high yield assets …

Ziad Dalloul, CEO, Africell

Africell on mission to secure U.S. private equity investment

Africell Holding, the largest mobile-phone operator in Sierra Leone and Gambia, is courting U.S. private-equity firms including Providence Equity Partners, KKR, and Carlyle Group, hoping to sell a stake in the company, which is valued by the owner at up to $1.5 billion.

Airtel Towers

Airtel agrees to sell 4,800 Nigerian towers to American Tower Corporation

American Tower Corporation and Airtel have entered into a definitive agreement for the sale of over 4,800 of Airtel’s communications towers in Nigeria.

Eaton Towers

Bharti Airtel sells 3,500 Africa towers to Eaton for almost $1B, following recent Helios Towers deal

India’s Bharti Airtel Ltd has agreed to sell more than 3,500 of its mobile phone masts in six African countries to telecommunications tower company Eaton Towers in a bid to cut costs, the companies said on Monday.

Seven Energy will be the next Nigerian corporate to test investor appetite

Sub-Saharan Africa bond issuance booms

Bond issuance volumes from sub-Saharan African have already surpassed last year’s levels with the promise of more to come.

Mobile Phone User in Africa

Africa's telecoms frontier (Video)

Sub-Saharan Africa is the fastest growing region in terms of mobile subscriptions.

Bharti Airtel in Africa

Bharti Airtel to sell 3,100 telecoms towers in 4 African countries to Helios Towers Africa

Bharti Airtel is to sell about 3,100 telecoms towers in four African countries to Helios Towers Africa, a move that will raise about US$2 billion for the company.

Tower sharing in Africa

Helios Towers Africa Raising almost $1B for regional expansion

Helios Towers Africa, the owner of telecommunications towers in three countries on the continent, is raising almost $1 billion in capital to expand in the region, Chief Financial Officer Andres de Orleans Borbon said.

Providence Equity Partners

PE Firm Providence Equity Enters Africa with Investment in Helios Towers Africa

Helios Towers Africa (“HTA”), the leading, independent telecommunications towers company in Africa, announces that it has raised $630 million in new equity resources from existing and new shareholders.