Helios Towers Reports Strong 2024 Growth and Expansion

Helios Towers (GB:HTWS) has released an update.

Helios Towers has reported significant growth for the first nine months of 2024, with a 16% increase in Adjusted EBITDA and a 9% rise in tenancies, driven by expansions in Tanzania and Oman. The company’s revenue grew by 10% to $584.7 million, supported by a strong base of contracted revenues and strategic market positions. Helios Towers aims to continue this growth trajectory with further increases in tenancy ratios and a focus on operational efficiencies.

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