Helios Towers wins Best Cost Efficiency Initiative for Africa Award

Helios Towers Africa has been adjudged winner of the “Best Cost Efficiency Initiative for Africa” award at the fourth AfricaCom Telecoms awards night held in Cape Town, South Africa November 9, 2011.

Helios, also managers of tiGO Ghana’s towers, won the award, according to AfricaCom, because it “pioneered the independent model of shared telecoms infrastructure on the African continent. They enable reduced costs in both roll out and management of networks.”

“Resulting in a greater number of national operators and more tower availability,” AfricaCom adds, “this increases the accessibility of communications coverage for consumers in rural Africa…the cost savings made by operators thanks to Helios Towers Africa can then be passed on to their consumers, reducing communications costs for business and individual users.”

Commenting on the award in an emailed statement copied to ghanausinessnews.com, Charles Green, CEO of Helios Towers Africa, said “We are delighted with our win.  It is very exciting to see the multiple benefits of tower sharing being recognised, and we are of course particularly pleased to have our successes across the continent highlighted.”

Helios Towers Africa pioneered Africa’s first sale/leaseback transaction in 2010 and it owns and manages over 3,500 towers across Africa including 735 towers in Ghana.

By Ekow Quandzie