- Website: www.heliostowersafrica.com
- Sector: Technology & Telecoms
- Countries of operations: Multiple
Power to the people
With the growth of mobile phone use throughout Africa, there is an urgent need for the continent to develop its telecoms network, a need that’s being met by Helios Towers. Through a combination of organic growth and acquisitions, the company has built one of Africa’s largest portfolios of independently operated telecoms towers. The firm’s network comprises around 6,500 sites across Ghana, Tanzania, the Republic of Congo and the Democratic Republic of the Congo.
“Based only on today’s demand for African mobile services there is an infrastructure gap and the pressures are only going to increase, which is going to be fuelled by an exponentially growing data market and 245 million new subscribers by 2020,” warns CEO Kash Pandya. “With this growing infrastructure gap and some of the world’s lowest revenues per subscriber, African mobile operators need efficiencies. With limited fixed-line infrastructure, mobile networks will need to keep pace and towers will be the backbone of this growth.”
As with other tower companies around the world, Helios Towers Africa is, in one sense, a real-estate company, in that it operates a portfolio of property assets and is focused on growing its profits by increasing tenancy on existing sites. In addition, it is continually looking to add more sites to its portfolio.
“It’s an exciting time to be in telecoms in Africa and a very exciting time to be in towers too”
“We plan to continue to expand our footprint past the 10,000 tower mark,” says Kash, “but we haven’t rested on our laurels and the pressures of the economic climate have made us look internally for efficiencies in our cost base. Through this work we’re confident that we can continue to achieve high growth.”
- 6,500 tower sites make up Helios Towers’ network across Africa
One thing that differentiates Helios Towers Africa from some of its competitors is that every site it operates also contains a mini power station. “This provides our customers with the uninterrupted power needed for mobile networks,” explains Kash, who is optimistic about the company’s prospects for the future. “It’s an exciting time to be in telecoms in Africa and a very exciting time to be in towers too.”