Rental earnings contributed to Helios Towers' robust first-half performance, as evidenced by a 7% increase in revenue, according to recent reports.
Helios Towers, a leading telecommunications infrastructure group, has released its financial results for the first half of 2025, showing significant growth and progress across various key areas.
The company's tenancy ratio has climbed to 1.72x from 1.56x in the prior year, with Central and Southern Africa leading at 2.23x and East and West Africa following closely at 2.16x. This growth is a testament to the increasing demand for Helios Towers' services.
Helios Towers reaffirmed its full-year guidance, including a target of 2,000 to 2,500 new tenancy additions and adjusted EBITDA of between $460 million and $470 million. The company expects capital expenditure to range between $150 million and $180 million.
The company's financial performance is reflected in its strong revenue growth. Helios Towers reported a 7% rise in revenue to $418.3 million for the first half of 2025. Central and Southern Africa generated more than half of Helios Towers' total revenue, amounting to $216.3 million, while East and West Africa contributed $165.2 million. Oman accounted for $36.8 million in revenue.
In addition to financial growth, Helios Towers has made strides in its sustainability efforts. The company reported 99.99% power uptime and a 95% local employment rate across its operations.
One of the key components of Helios Towers' 2026 Sustainable Business Strategy is improving workforce diversity, notably increasing women’s representation to 29% of employees as of mid-2025. This is achieved by setting clear ESG targets, embedding these within the company’s broader sustainable business framework, and promoting inclusive employment policies and professional development opportunities.
The CEO of Helios Towers, Tom Greenwood, noted that the first half results reaffirmed the strength of Helios Towers' business model. He also indicated that the company is approaching the culmination of its '2.2x by 2026' strategy.
Other notable achievements include a decline in net leverage from 4.2x to 3.8x and a swing from a deficit of $9.8 million in H1 2024 to a positive $29.9 million in free cash flow. The total number of tenancies at Helios Towers reached 30,617, a 7% increase from the same period last year.
Helios Towers' customer base is primarily composed of large, multinational mobile network operators, accounting for 99.5% of contracted revenues, which currently stand at $5.3 billion. The company owns and operates more than 14,000 tower sites in nine countries.
[1] Source: Helios Towers' 2026 Sustainable Business Strategy document
In conclusion, Helios Towers' strong financial performance and progress towards its sustainability goals, including gender diversity, demonstrate the company's commitment to growth and social responsibility. The company continues to focus on operational growth combined with strong environmental, social, and governance (ESG) commitments, ensuring a sustainable future for its stakeholders.
- The financial growth of Helios Towers, a telecommunications infrastructure group, is evident through a 7% rise in revenue to $418.3 million for the first half of 2025, largely driven by its operations in Central and Southern Africa.
- As part of its 2026 Sustainable Business Strategy, Helios Towers is focusing on improving workforce diversity, aiming to increase women’s representation to 29% of employees by mid-2025, a clear commitment towards social responsibility.
- Helios Towers, an industry leader with over 14,000 tower sites in nine countries, primarily serves large, multinational mobile network operators, ensuring a significant impact on the mobile networking sector's development through technology and infrastructure.
