Helios plans extra $70m of infra spend amid MEA data boom

Helios plans extra $70m of infra spend amid MEA data boom

Source: Helios Towers

Buoyant tower group enlarges capex budget for this year off the back of “broad-based” uptick in demand for tenancies from its Middle East and Africa MNO clients.

 This article includes: 

  • Organisations: Airtel Africa; Helios; Helios Towers; Orange MEA; Vodacom Group.
  • Geographic: Africa; Democratic Republic Of Congo; Middle East; Oman; Tanzania.
  • People: Tom Greenwood.
  • Themes: 5G; Capital Expenditure; Co-location; Currency Movement; Data Consumption; Data Services; Demographics; Digital Services; Earnings; EBITDA; Energy Availability; Exchange Rates; Free Cash Flow; Infrastructure; Mobile Network Operators; Mobile Subscription; Network Proliferation; Pricing; Revenue Growth; Site Buildout; Supply Chain; Technology Upgrades; Tenancy Demand; Tenancy Ratio.

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