Why invest in Helios Towers?

We offer investors the opportunity to capture the long-term structural growth across our regions in a de-risked manner through our robust business model that delivers compounding hard-currency cash flows and provides tangible benefits to the societies we serve.

Uniquely positioned telecoms infrastructure platform

We are a leading mobile telecommunications infrastructure company, uniquely positioned to capture the growth in mobile communications across Africa and the Middle East.

With market leadership in seven of our nine regions, proven expertise in navigating complex environments, a diverse base of blue-chip customers, and a well-invested platform, we have a clear strategy to drive sustained growth and strong returns in the years ahead.

Unparalleled structural growth

Africa and the Middle East is the fastest growing region for mobile globally, driven by low mobile penetration today and huge population growth. In fact, by the end of this century the region will be the most populous globally, outpacing Asia with the rest of the world seeing fairly flat population levels.

Accordingly, over the next five years it is forecast there will be 79 million mobile connections in our markets of operation. The infrastructure requirements to support this growth is huge – more than 30,000 additional Points of Service forecast.

Disciplined capital allocation

Our near-term capital allocation focus remains maximising returns through highly selective organic investments and deleveraging the business. These organic investments primarily include colocations and selective build-to-suit (BTS) developments, with new BTS sites expected to deliver an average targeted return on invested capital of 12% for the first tenant, 25% for the second, and 34% for the third.

In addition to colocations and selective BTS deployments, our capital allocation strategy prioritises investments in operational efficiencies due to their strong return potential. Maximising the use of our sites in an efficient manner supports the sustainable value creation of our business.

Robust business model delivering compounding hard-currency cash flows

More than 70% of our Adjusted EBITDA is in hard currency, with a diverse mix of investment-grade or near-investment-grade customers. Maximum single-customer exposure is at 26% only, and 98% of revenues come from blue-chip MNOs. We are also the most geographically diverse towerco in Africa and the Middle East.

With over US$5 billion in contracted revenue under a US towerco-style structure — featuring minimal cancellation rights, long-term commitments, and embedded CPI and power escalators — we have a highly visible base of earnings and cash flows, exemplified by the consecutive growth of our US dollar Adjusted EBITDA in the last ten years.

Positive impact, strong governance

Our infrastructure-sharing model is innately sustainable and we play a pivotal role in enabling connectivity and contributing to social and economic development in Africa and the Middle East.

We aim to create further value for our stakeholders through our Sustainable Business Strategy aiming to promote digital inclusion, develop local, diverse talented teams and reducing our environmental impact. Under our internationally recognised governance framework, we drive real impact and in turn real returns.

Read more about our 2.2x by 26 strategy.