Oando, Nigeria’s indigenous energy group has announced a $210 million recapitalization of its downstream operations by HV Investments II B.V., (“HVI”), a joint venture owned by Helios Investment Partners and the Vitol Group, (together, the “Consortium”).
IHS Holding Limited (“IHS”) has completed the acquisition of Helios Towers Nigeria Limited’s (“HTN”) diversified tower sites throughout Nigeria.
Fitch Ratings has affirmed the long-term issuer default rating (IDR) of the pioneer of tower infrastructure sharing in Africa, Helios Towers Nigeria Limited’s (HTN), at ‘B’ with a stable outlook, following its planned acquisition by IHS Holding Limited (IHS).
Pan-African mobile telecoms infrastructure group IHS has agreed to buy Nigerian rival Helios Towers Nigeria (HTN) for an undisclosed sum, its chief executive said on Thursday.
Helios Towers Nigeria, a leading independent telecoms tower operator in Nigeria, has announced a corporate rebranding to HTN Towers, the name by which the Company is widely known by its customers.