Helios Towers, the independent telecoms tower infrastructure company, announced on Monday that it will create a South African infrastructure platform.
The African phone-tower operator said it has entered into an agreement with South Africa’s Vulatel.
The tower company said the infrastructure platform, Helios Towers South Africa, will build out wireless and fixed-line open-access infrastructure in the country.
Vulatel is led by its CEO and chairman, Tlhabeli Ralebitso, who was the founding MD of Vodacom Ventures and previously led Vodacom Group’s M&A and Investor Relations’ functions.
He is supported by Vulatel’s MD Jean-Pierre Crouse, who has 24 years of experience in the sector and was part of the Vodacom team and was Chief Implementation Officer at Dark Fibre Africa.
Vulatel is a 69% black-owned and 45% black women-owned business.
”There is a significant infrastructure gap in South Africa today, which means the demand in data services is not being met. We are convinced this provides an unrivalled opportunity to build a leading open-access infrastructure platform to address that gap,” Ralebitso said.
“Our vision has always been to establish a nationwide service network before entering into the open-access telecoms infrastructure market on the back of our trusted relationships with the telecoms operators in South Africa. We are delighted to be entering into this partnership with Helios Towers, which will allow us to accelerate our plans by leveraging our joint expertise in the sector and Helios Towers’ strong balance sheet and international experience.”
Helios Towers has over 6,500 towers in four key markets (Tanzania, Democratic Republic of Congo, and Congo Brazzaville).
It has long considered South Africa an attractive opportunity due to its economic growth, population demographics and demand for advanced telecommunications services.
Helios Towers also expects the South African market to lead the way on 5G rollout in Sub-Saharan Africa, with a consumer and industrial business case for better coverage and enhanced connectivity delivered through the country’s current mobile network operators. It expects to be able to support this by building greenfield mobile tower infrastructure and the associated high-speed microwave and fibre-optic infrastructure that will enable MNOs to meet their customers’ needs.
“I am thrilled to announce our entry into South Africa, which delivers against our stated strategy of providing MNOs with open-access infrastructure to meet the growing demands of their customers in Africa for fast, stable and available networks. We are delighted to be partnering with Vulatel, a business with impeccable telco sector expertise and deep local credentials in South Africa.,” Kash Pandya, CEO of Helios Towers said.
“Today’s deal creates a platform that will further diversify our geographic mix and allow Helios Towers to enter an exciting market and expand our product offering.”