Vodacom Tanzania to sell 1,149 communication towers to Helios

22 Jul 2013

Mobile operator Vodacom Tanzania is selling 1,149 of its communication towers to Helios Towers Tanzania for an estimated USD75 million – although the cellco will retain a 25% in Helios under the deal. The agreement means that the tower company now owns a portfolio of 4,700 towers in the region, including the assets it bought from Millicom Tanzania (Tigo) under a similar deal, as well as those it owns in Ghana and DRC.

Tanzania, Vodacom Tanzania