31 March 2020
HTA Group Ltd (the "Company")
Resignation of Director
The Company announces that Helen Shaw has resigned as a director of the Company with effect from 31 March 2020.
+44 (0)776 723 7010
Edward Bridges / Stephanie Ellis
FTI Consulting LLP
+44 (0)20 3727 1000
About Helios Towers ("HT")
· Helios Towers is a leading independent telecommunications tower infrastructure company in Africa, having established one of the continent's most extensive tower portfolios with close to 7,000 towers across five countries. It builds, owns and operates telecom passive infrastructure, providing services to mobile network operators.
· HT owns and operates more sites than any other operator in each of Tanzania, Democratic Republic of Congo ("DRC"), and Congo Brazzaville. It is also a leading operator in Ghana with a strong urban presence and established a presence in South Africa in 2019.
· HT pioneered the model in Africa of buying towers that were held by single operators and providing services utilising the tower infrastructure to the seller and other operators. This allows wireless operators to outsource non-core tower-related activities, enabling them to focus their capital and managerial resources on providing higher quality services more cost-effectively.
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