Nigeria, July 13, 2015 – Helios Towers Nigeria, a leading independent telecoms tower operator in Nigeria, is pleased to announce a corporate rebranding to HTN Towers (the “Company”), the name the Company is widely known as by its customers.
HTN Towers is committed to remaining one of Nigeria’s leading independent tower companies providing comprehensive, market leading infrastructure solutions to its customers and the new name retains all of the values that have made the Company a trusted and reliable partner.
These values include: best-in-class service, customer focus, experience, stability, integrity and accountability, but the name change also adds a clear vision of long term partnership and reflects the Company’s ambitions in the wider African telecommunications infrastructure sector.
HTN Towers is on a strong growth trajectory, implementing cost optimisation initiatives as it addresses a significant co-location order pipeline and numerous new tower build opportunities. The Company continues to seek both organic growth and acquisition opportunities to enhance its scale and service offering, and is exploring strategic options including a potential initial public offering.
Inder Bajaj, Chief Executive Officer of HTN Towers, said:
“I am delighted to announce our rebranding to HTN Towers, which heralds a new phase in the company’s growth and reflects our pan-African expansion ambitions. We remain committed to providing best-in-class service to our customers in Nigeria and elsewhere as we continue to expand.”
Tel: +234 1 462 5300
Tel: +234 1 462 5315
Tel: +44 20 3772 2562
This announcement is not being made in and copies of it may not be distributed or sent into the United States, Canada, Australia or Japan.
About HTN Towers (formerly Helios Tower Nigeria)
· HTN is a leading tower operator in Nigeria and the first truly independent tower operator in Africa
· Currently operating in 33 of 36 states in Nigeria, HTN is the third largest tower company in the country with over 1,200 towers and 2,300 tenants. Led by a highly experienced management team, and with over 200 employees, HTN is an ISO 9001:2008 certified company and is recognized by its customers as delivering best in class service and efficiency
· For more information, please visit http://heliostowers.com/about.html
Not for distribution in the United States, Canada, Australia or Japan.
The securities referred to herein may not be sold in the United States absent registration or an exemption from registration under the US Securities Act of 1933, as amended. HTN Towers does not intend to register any of the securities in the United States or to conduct a public offering of the securities in the United States.
This communication does not constitute an offer of the Securities to the public in the United Kingdom. This communication is being distributed to and is directed only at (i) persons who are outside the United Kingdom or (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) and (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “Relevant Persons”). Any investment activity to which this communication relates will only be available to and will only be engaged with, Relevant Persons. Any person who is not a Relevant Person should not act or rely on this document or any of its contents.