Ghanaian mogul Samuel Jonah’s Helios Towers acquires 723 tower sites in Malawi from Airtel Africa
The deal is valued at $55 million.
Skip to content
The deal is valued at $55 million.
In comparison to the previous year’s figures, the telecom company’s profit increased by 97.3 percent.
Both MTN Nigeria and Airtel Africa have received approval-in-principle for a service bank license.
Airtel Africa is a leading telecom and mobile money services provider in Africa, with a presence in 14 countries.
Gebreyes has played seminal roles in the founding of companies with operations in Africa and abroad.
The company has initiated a process to buy back the 8.27-percent minority stake at an offering price of $0.1358 per share.