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Helios Towers

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Helios Towers is a United Kingdom-based telecommunications infrastructure company that owns and operates mobile communications towers across several African markets.

Last updated August 31, 2026

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Overview

Helios Towers is a telecommunications infrastructure company headquartered in the United Kingdom and focused on the ownership and operation of mobile communications towers in Africa. Its business is based on providing tower infrastructure for mobile network operators rather than operating a consumer-facing mobile service. By concentrating equipment and network infrastructure at shared tower sites, the company serves the wireless communications sector through a telecommunications-tower model. The company was established in 2009 in Mauritius with financial backing from George Soros, Millicom and Bharti Airtel. Those backers connected the business to mobile telecommunications and investment interests at a time when expanding mobile networks required substantial physical infrastructure across African markets. The company's development has therefore been tied to the growth of mobile communications and the need for network operators to access reliable tower sites without each operator having to build and maintain an entirely separate network of structures. Helios Towers later pursued a public-market route. An attempted public issue in 2018 was not completed. The company subsequently carried out an initial public offering on the London Stock Exchange in 2019. Following the listing, Helios Towers became a publicly traded telecommunications infrastructure business in the United Kingdom and was identified as a constituent of the FTSE 250 Index. Its operating footprint includes Tanzania, the Democratic Republic of the Congo, Ghana, the Republic of the Congo, South Africa, Senegal, Madagascar and Malawi. The company owns more than 10,500 mobile communications towers across these markets, according to the referenced company overview. The scale and geographic spread of this portfolio position Helios Towers as a specialist infrastructure provider serving multiple national mobile telecommunications ecosystems. The company's typical activity is the ownership, management and commercial use of tower sites and related mobile network infrastructure. Its customers are telecommunications operators and other wireless-network users that require access to towers for radio and communications equipment. The available reference material does not provide a detailed breakdown of revenue, customer contracts, technology services, management personnel or individual tower brands, so those areas are not expanded here. In brand terms, Helios Towers is primarily a business-to-business infrastructure brand. Its identity is associated with physical network availability, geographic reach and the operation of shared telecommunications assets. Unlike a consumer mobile brand, it is generally encountered by network operators, infrastructure partners, investors and regulators. Its continued status as a listed company and its presence in multiple African markets are central features of its public profile.

History

Helios Towers was established in 2009 in Mauritius with financial backing from George Soros, Millicom and Bharti Airtel. The company's creation reflected the infrastructure requirements of expanding mobile communications markets, where operators needed access to tower sites and other physical assets to extend wireless coverage. Rather than presenting itself as a consumer telecommunications operator, Helios Towers developed as a specialist owner and operator of mobile communications towers. The company's business model is centered on telecommunications infrastructure. Mobile network operators can use tower assets and sites managed by a tower company, allowing infrastructure to be shared and potentially reducing the need for each operator to construct and maintain an entirely separate network of towers. Helios Towers' activities consequently sit between property-like infrastructure ownership and the operational needs of mobile telecommunications networks. The company pursued a public listing during the late 2010s. An attempt to launch a public issue in 2018 was aborted. Helios Towers subsequently returned to the public markets and completed an initial public offering on the London Stock Exchange in 2019. The listing established the company as a United Kingdom-based publicly traded telecommunications infrastructure business. It is also described as a constituent of the FTSE 250 Index. Over time, Helios Towers built a geographically dispersed portfolio across African telecommunications markets. Its operations include Tanzania, the Democratic Republic of the Congo, Ghana, the Republic of the Congo, South Africa, Senegal, Madagascar and Malawi. The referenced overview states that the company owns more than 10,500 mobile communications towers in these countries. This footprint gives the business exposure to multiple national mobile sectors rather than making it dependent on a single market. The available reference material does not identify a founder, chief executive, detailed corporate ownership structure, individual acquisitions, financial performance, or specific consumer products. It also does not provide a chronology of tower deployments by country. Accordingly, the documented history is best understood through the company's founding, its attempted and completed public-market transactions, its London listing, and the expansion and maintenance of its multi-country tower portfolio.

  • 2019

    Initial public offering on the London Stock Exchange

    [1]

    Helios Towers completed an initial public offering on the London Stock Exchange.

  • 2018

    Attempted public issue is aborted

    [1]

    The company made an unsuccessful attempt to launch a public issue.

  • 2009

    Company established in Mauritius

    [1]

    Helios Towers was established in Mauritius with financial backing from George Soros, Millicom and Bharti Airtel.

  • Expansion across eight African markets

    [1]

    The company operates a portfolio of more than 10,500 mobile communications towers in Tanzania, the Democratic Republic of the Congo, Ghana, the Republic of the Congo, South Africa, Senegal, Madagascar and Malawi.

Products and positioning

A business-to-business telecommunications infrastructure provider specializing in the ownership and operation of shared mobile communications towers in African markets.

  • Telecommunications infrastructure

    Mobile communications towers

    Helios Towers owns and operates mobile communications towers used by wireless network operators. These structures provide locations for telecommunications equipment and support the delivery of mobile network coverage. The company's tower portfolio spans several African countries and forms the central infrastructure asset of its business.

  • Telecommunications infrastructure services

    Shared tower-site infrastructure

    The company provides access to shared telecommunications infrastructure through its tower portfolio. This business-to-business offering allows mobile network operators to use existing tower assets rather than independently developing every required site. Specific contract structures and service packages are not detailed in the supplied references.

Brand decisions

  • 2019

    London Stock Exchange initial public offeringOther

    Background

    After the unsuccessful public-issue attempt in 2018, Helios Towers pursued a renewed public listing.

    Action taken

    The company completed an initial public offering on the London Stock Exchange.

    Aftermath

    Helios Towers became a listed telecommunications infrastructure company and is described as a constituent of the FTSE 250 Index.

  • 2018

    Aborted public-issue attemptStrategy

    Background

    Helios Towers sought to access public capital markets through a proposed public issue.

    Action taken

    The planned public issue was not completed.

    Aftermath

    The company later pursued and completed an initial public offering in London in 2019.

Recent events

  • Reported

    Helios Towers agrees to acquire Omantel tower portfolio[2]

    Helios Towers and Omantel signed an agreement under which Helios Towers would acquire Omantel’s passive tower infrastructure portfolio of 2,890 sites for $575 million, subject to approval.

  • Reported

    Helios Towers appoints Sally Ashford to its board[3]

    Helios Towers announced that Sally Ashford would join its Board as a Non-Executive Director with immediate effect and become the designated Non-Executive Director for workforce engagement.

  • Helios Towers plans to acquire 65 South African telecom sites[4]

    Helios Towers announced plans to acquire 65 wireless telecommunications sites in South Africa through a transaction between its subsidiary HTSA Towers and Eagle Towers. The transaction was expected to close in the second quarter of 2020, subject to customary closing conditions.

  • Helios Towers prices London IPO[5]

    Helios Towers priced its initial public offering at 115–145 pence per share, implying a total valuation of $1.42 billion to $1.79 billion. The planned London listing was expected to begin trading the following day after the deal books closed on October 14.

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