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A new pan-African tower investor has been formed – Helios Towers Africa (HTA), with the idea to build and maintain telecommunications towers and lease space on those towers to service providers across the continent. The new company has initial equity commitment of $350 million, and will work similarly to Helios Towers Nigeria, which was also formed by HTA’s lead sponsor – Helios Investment Partners. Meaning it will allow operators to outsource non-core activities and passive infrastructure, so they [operators] could focus resources on improving their core products and services.
Other backers of the company include Soros Strategic Partners, RIT Capital Partners and Lord Rothschild’s family interests, and Albright Capital Management.
[Via: CellularNews]
About The Author
Dusan Belic
Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.
