Kash Pandya lines Helios Towers’ coffers ahead of entering new markets
The telecoms infrastructure company’s Managing Director is in negotiations with a World Bank subsidiary over financing for its massive expansion plan.
06/11/2020 at 12h05, by Africa Business+
In a cut-throat market, each telecom tower operator is sharpening its weapons, especially the financial ones. With this in mind, Helios Towers is seeking support from the International Finance Corporation. The multilateral institution has so far leaned in its favour and plans to lend $200m to the company led by Kash Pandya, with an additional $25m to be raised from other donors or via a parallel loan facility.
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