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May 30, 2015 7:22 PM ET

IT Services

Company Overview of Helios Towers Nigeria Limited

Company Overview

Helios Towers Nigeria Limited provides fully-managed tower sites for GSM, CDMA, and WIMAX operators in Nigeria. It offers tower structures to house antennas; and vertical space on tower for GSM/CDMA antennae configuration and fixing transmission equipment, site compound with security and access, concrete base and services for shelters, remote monitoring of site and equipment, supply of power, air conditioned equipment shelters, and batteries and rectifiers. The company provides its products and services on rental and lease basis. Helios Towers Nigeria Limited was founded in 2006 and is based in Lagos, Nigeria.

9 Alfred Rewane Road

Ikoyi

Lagos,  100001

Nigeria

Founded in 2006

Phone:

234 1 462 5315

Key Executives for Helios Towers Nigeria Limited

Chief Marketing Officer
Compensation as of Fiscal Year 2014.

Helios Towers Nigeria Limited Key Developments

Bharti Airtel Reportedly To Sell Its Phone Masts In Tanzania And Malawi

Bharti Airtel Limited (BSE:532454) is reportedly planning to sell its masts in Tanzania to Helios Towers Nigeria Limited, while units in Malawi will go to Eaton Towers Limited, a person with knowledge of the deal said. Bharti have been selling masts to specialist tower firms and leasing them back to cut maintenance costs on a continent with poor access to electricity and shoddy roads. The Tanzania sale will include about 1,000 towers, said the source, who declined to be identified because the deal has not been concluded. The source did not say how many towers in Malawi would be sold. Bharti has said it would sell 3,500 towers across six African countries to Eaton, and 3,100 masts in four countries to Helios. It has not given details on the countries involved. According to Reuters, Eaton Chief Executive Officer, Alan Harper declined to comment on the details of the sales, including the countries involved and Helios and Bharti both declined to comment. "They've been signed but the deals haven't closed yet. We're talking 3,500 towers across six countries so it takes time to move those sorts of transactions forward but we would hope that sort of transaction timeframe would be realistic,", Alan Harper said.

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Recent Private Companies Transactions

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