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| CEO, Mr.Norman Moyo |
Hellios towers has successfully
arranged a $85 million syndicated financing to deploy further tower sharing
solutions across the country, benefiting both the population and the
environment. Hellios tower was launched in December 2010 when Hellios Towers
Africa (HTA) purchased and leased back 1,180 towers to mobile operator Tigo
Tanzania.
This followed the success of HTA’s
deal with Tigo Ghana, Africa’s first ever sale leaseback transaction, also in December 2010.
According to the Hellios tower CEO, Mr. Norman Moyo, infrastructure sharing
brings immense benefits to operators and customers alike. “Shared towers enable
operators to reduce their operating and investment cost,” he said.