Helios Towers

Helios Towers is a UK-based telecommunications company. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Helios Towers

Type	Public
Traded as	LSE: HTWS
Industry	Telecommunications
Founded	2009
Headquarters	London, UK
Key people	Sir Samuel Jonah, Chairman Kash Pandya, CEO
Revenue	$387.8 million (2019)[1]
Operating income	$(4.5) million (2019)[1]
Net income	$(136.6) million (2019)[1]
Website	www.heliostowers.com/

History

The company was established in Mauritius with financial backing from George Soros, Millicom and Bharti Airtel in 2009.[2] After an aborted attempt at launching a public issue in 2018, it was the subject of an initial public offering on the London Stock Exchange in 2019.[3]

Operations

The company owns 7,000 mobile communications towers located in South Africa, Republic of the Congo, Ghana, Democratic Republic of the Congo and Tanzania.[4]

References

1. "Annual Report 2019" (PDF). Helios Towers. Retrieved 12 March 2020.
2. "Soros in line for windfall from Helios Towers listing". The Times. 13 September 2019. Retrieved 4 December 2019.
3. "Helios Towers floats after second attempt". Proactive Investors. 18 October 2019. Retrieved 4 December 2019.
4. "Helios Towers tries again for a London listing". The Africa Report. 13 September 2019. Retrieved 4 December 2019.