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Middle-East region, becoming a leading independent tower infrastructure provider in Oman with 2,890 sites. These assets are expected to deliver revenues of $59 million and adjusted EBITDA of $40 million in the first full year of operations with further growth anticipated through colocation lease-up and 300 build-to-suit ("BTS") sites committed over the next seven years, for which $35 million growth capex is expected to be invested1.   It is anticipated that the Transaction will close by the end of 2021, subject to approval by Helios Towers' shareholders and customary completion conditio...

      London, 11 May 2021: Helios Towers plc ("Helios Towers", the "Group"), the independent telecommunications infrastructure company, and Oman Telecommunications Company ("Omantel"), the largest mobile network operator in Oman, are pleased to announce an agreement for Helios Towers to acquire Omantel's passive tower infrastructure portfolio of 2,890 sites, for a cash consideration of $575 million (the "Transaction"). This represents an enterprise value of $615 million including the Group's estimate of transactions costs and capitalised ground leases of $40 million...

2.  Calculated as net debt divided by last quarter annualised Adjusted EBITDA for the period.     · Full year Group revenue increased by 7% year-on-year to US$414.0m (2019: US$387.8m), driven by the continued growth in the number of sites and tenancies across the Group. o  Q4 2020 Group revenue increased by 2% quarter-on-quarter to US$106.1m (Q3 2020: US$103.6m).   · Full year Adjusted EBITDA increased by 10% year-on-year to US$226.6m (2019: US$205.2m), driven by tenancy growth and continued improvements in operational effi...

About Helios Towers Helios Towers is a leading independent telecommunications infrastructure company in Africa, having established one of the continent's most extensive tower portfolios with over 7,200 towers across five countries. It builds, owns and operates telecom passive infrastructure, providing services to mobile network operators. Helios Towers owns and operates more sites than any other operator in each of Tanzania, Democratic Republic of Congo ("DRC"), and Congo Brazzaville. It is also a leading operator in Ghana with a strong urban presence and established a pres...