Helios Towers seals $575M Omantel deal - Mobile World Live
Helios Towers seals $575M Omantel deal - Mobile World Live 11 MAY 2021 Helios Towers agreed to take over Omantel’s passive tower infrastructure portfolio of nearly 3,000 sites for $575 million, as the infrastructure company targets what it claims is a significant growth opportunity in the Middle East. Through the deal, Helios Towers will acquire Omantel’s 2,890 sites, initially for 15 years. Helios Towers noted the move is in line with a new market and growth strategy, stating it will be “immediately accretive to earnings”, with $59 million in revenue expected during its first operat...
Source: mobileworldlive.com