Helios Towers appoints David Wassong to its Board as Non-Executive Director

– UK, London –  Helios Towers plc (LON: HTWS) today announced the appointment of David Wassong to its Board as a Non-Executive Director, replacing Helis Zulijani-Boye who has resigned from the Board.

“I would like to express my thanks to Helis for her contribution to the success of the business over the last two years. At the same time, we are delighted to welcome David to the Board. He brings extensive experience, which will enhance the Board, and we look forward to working with him going forward.” said Board Chairman, Sir Sam Jonah.

David Wassong is the Co-Managing Partner of Newlight Partners LP who holds more than 10% of the voting rights of the Company.

About Helios Towers

Helios Towers is a leading independent telecommunications infrastructure company, having established one of the most extensive tower portfolios across Africa and the Middle East. It builds, owns, and operates telecom passive infrastructure, providing services to mobile network operators.

Helios Towers owns and operates over 14,000 telecommunication tower sites in nine countries across Africa and the Middle East.

Helios Towers pioneered the model in Africa of buying towers that were held by single operators and providing services utilizing 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.

SOURCE: https://www.heliostowers.com/

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