{"id":317773,"date":"2022-11-25T16:11:17","date_gmt":"2022-11-25T16:11:17","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=359723"},"modified":"2022-11-25T16:11:17","modified_gmt":"2022-11-25T16:11:17","slug":"helios-towers-edges-closer-to-omantel-asset-buy","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2022\/11\/25\/helios-towers-edges-closer-to-omantel-asset-buy\/","title":{"rendered":"Helios Towers edges closer to Omantel asset buy"},"content":{"rendered":"

<\/p>\n

\tHelios Towers all but completed a deal to acquire passive infrastructure assets from operator Omantel, announcing necessary regulatory closing conditions had been satisfied.<\/p>\n

The tower company stated it anticipated the deal would close at some point this month, more than a year-and-a-half after the agreement was struck.<\/p>\n

Helios Towers will take over Omantel\u2019s passive portfolio of nearly 3,000 sites in a $575 million deal, [1] as part of push around the Middle East and delivering on geographic expansion targets through to 2025.<\/p>\n

In June, Helios Towers recruited [2] local investment fund Rakiza Telecommunication Infrastructure to take a minority stake in a new venture formed to house the assets it is buying from Omantel.<\/p>\n

Rakiza agreed a deal to acquire a 30 per cent stake in the holding company for $172.5 million, 30 per cent of the overall $575 million purchase price.<\/p>\n

When the Oman deal completes it will add to Helios Towers’ portfolio of tower assets in Tanzania, Democratic Republic of Congo, Congo Brazzaville, Ghana, South Africa, Senegal, Madagascar and Malawi.<\/p>\n

Helios Towers’ strategy revolves around buying towers held by single operators and providing services to all players in the markets.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/helios-omantel-tower-deal\/
\n[2] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/helios-towers-finds-investor-to-chip-in-for-oman-buy\/<\/p>\n\n

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<\/p>","protected":false},"excerpt":{"rendered":"

Helios Towers all but completed a deal to acquire passive infrastructure assets from operator Omantel, …<\/p>\n

The post Helios Towers edges closer to Omantel asset buy<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":247,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"Helios Towers edges closer to Omantel asset buy - ITTeacherITFreelance.hk","description":"Helios Towers all but completed a deal to acquire passive infrastructure assets from operator Omantel, ... The post Helios Towers edges closer to Omantel asset"},"footnotes":""},"categories":[11,8],"tags":[],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/317773"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/247"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=317773"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/317773\/revisions"}],"predecessor-version":[{"id":317776,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/317773\/revisions\/317776"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=317773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=317773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=317773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}