African ‘towercos’, like IHS & Helios, take to the skies

IHS Towers’ public listing was a landmark achievement for the African towerco market, which has gone from strength to strength over the last few years. Rollout of improved connectivity for Africans is brining many online – increasing access to services like mobile money and online marketplaces.

With network operators outsourcing the management of their towers, and infrastructure developers owning a larger share, this is proving a win-win situation for both, with end users benefiting from the resulting improved service delivery.

Discussing the market developments, AIIM co-MD Sola Lawson said, “The pandemic we have just experienced has proven how resilient telecoms infrastructures are. It is now up to IHS, Helios and others to prove that their model will enable Africa to catch up in terms of connectivity.”

Read the complete article in The Africa Report, translated and republished from Jeune Afrique.