Helios Towers FY 2023 Results
DIVERSIFIED BUSINESS UNDERPINNED BY LONG-TERM CONTRACTS WITH BLUE-
CHIP MNOS
Diverse, quality customer base
FY 23 revenue breakdown by customer
29%
2%
Largest customers
Airtel Africa
27%
(5 markets)
Vodacom/fone
(4 markets)
Orange
(3 markets)
Robust hard-currency revenues
FY 23 revenue breakdown by FX
17%
0
19%
Axian
10%
21%
(3 markets)
9%
11%
Other blue-chip MNOS
Other
98% revenues from blue-chip MNOS
$5.4bn of future contracted revenue at FY 23
(FY 22: $4.7bn), with an average initial remaining
life of 7.8 years
•
•
•
Note: Percentage values may not sum to 100% due to rounding.
Including Senegal, DRC, Congo Brazzaville and Oman.
31
Helios Towers FY 2023 Results
(1)
USD
55%
CFA Franc / EUR
LCY (Power)
LCY (CPI)
64% revenues; 71% Adj. EBITDA in hard-currency
Four markets being innately hard-currency (1)
Local currency earnings protected through inflation
escalators
Geographically diverse revenues
FY 23 revenue breakdown by segment
•
49%
8%
43%
East & West
Africa
Central &
Southern Africa
Middle East &
North Africa
Most diversified towerco across Africa and the
Middle East
Leadership positions in seven of our nine
markets
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