Helios climbs on Middle East and Africa site spend

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Source: Helios Towers

While European and American peers battle for growth, MEA-focused Helios Towers expects double-digit increases in tenancies, earnings, and cash flow this year as regional mobile operators ramp up spend on network coverage and capacity.

This article includes:

  • Organisations: Airtel Africa; Helios Towers; Orange; Orange MEA; Vodacom Group.
  • Geographic: Middle East and Africa.
  • People: Tom Greenwood; Manjit Dhillon.
  • Themes: 5G; antenna densification; co-location; coverage expansion; digitalisation; discretionary capex; dividends; earnings; free cash flow; infill sites; mobile network operator; network capacity; network coverage; shareholder buybacks; shareholder remuneration; telecoms infrastructure; tenancies; tenancy ratio; towerco; wireless infrastructure.

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