Independent tower operator Helios Towers said on Friday that one of its South African subsidiaries, HTSA Towers — a joint venture with Vulatel — has agreed to buy 65 wireless telecommunications sites from Eagle Towers SA.
We are keen to leverage our expertise in tower infrastructure to expand in South Africa, both organically and through acquisitions
“This transaction is aligned with the group’s stated strategy of broadening its geographic footprint, adding further towers to the portfolio acquired and built in South Africa since HTSA was established in 2019.”
Helios Towers CEO Kash Pandya said South Africa is a strategic market for the group.
“We are keen to leverage our expertise in tower infrastructure to expand there, both organically and through acquisitions.”
The group has a portfolio of 7 000 towers in five countries in Africa, including Tanzania, the Democratic Republic of Congo, Congo-Brazzaville and Ghana.
