Helios Towers, the independent telecommunications tower infrastructure company, has announced the signing of an agreement between one of its South African subsidiaries, HTSA Towers (Pty) Ltd. and Eagle Towers SA (RF) (Pty) Ltd to acquire 65 wireless telecommunications sites in South Africa and to collaborate on future business. A significant majority of the tenancies of these sites are with Africa’s largest Mobile Network Operators. The transaction is expected to close in the second quarter of 2020 and is subject to customary closing conditions.

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