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Helios Towers eyes IPO in London ahead of African 5G focus

2019-09-12 02:00:00| Total Telecom industry news

Helios Towers has announced that it intends to file for an Initial Public Offering (IPO), as African carriers gear up to launch 5G in Africa in the coming years.  The company plans to raise $125 million through the issuance of the new shares in the company…read more on TotalTele.com »

Tags: focus london eyes ahead


Telefonica to monetise mobile towers portfolio 'within a year'

2019-09-11 09:30:00| Telecompaper Headlines

(Telecompaper) Telefonica has announced that it intends to accelerate a plan to monetise its extensive tower portfolio as part of a strategy aimed at maximising shareholder value. The decision was taken after the company brought forward a board meeting by more than two weeks to discuss plans to continue reducing its debt pile, boost its share price and cut its workforce. 

Tags: year mobile portfolio towers


Didcot power station: Last cooling towers demolished

2019-08-18 08:52:59| BBC News | Business | UK Edition

Thousands of homes are affected after the cooling towers at the Didcot A plant were brought down.

Tags: power station cooling towers


Helios Towers mulls listing at possible USD 3 bln valuation - report

2019-08-12 09:25:00| Telecompaper Headlines

(Telecompaper) Helios Towers is reviving plans for an initial public offering, Bloomberg reported, citing people familiar with the matter. Its advisers are resuming preparations for an IPO that could value Helios at about USD 3 billion and it is considering filing for the share sale as soon as this year, they said. The tower owner is weighing London and Johannesburg as listing venues, though it has not made a final decision, one of the people said. 

Tags: report listing usd valuation


Hutchison groups Europe, Hong Kong telecom business in new company, plans towers separation

2019-08-01 10:59:00| Telecompaper Headlines

(Telecompaper) CK Hutchison has grouped all its telecom activities into a new holding company, including its activities in Europe under the 3 Group and in Hong Kong. The move will allow the company to refinance debt, notably at Italian operator Wind Tre, as well as spin off its towers infrastructure.

Tags: business company groups europe


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