Helios Towers’ $575 Million Acquisition of 2,890 Telecom Tower Sites

Vinson & Elkins LLP advised Helios Towers on the deal.

Helios Towers announced its entry into agreement to acquire 2,890 telecom tower sites in Oman from Omantel, the largest mobile network operator in Oman, for US$575 million.

Helios Towers (HT) is a market-leading telecom tower infrastructure company which enables mobile operators to roll out and enhance coverage in high-growth markets. HT currently operates in Tanzania, the Democratic Republic of Congo (DRC), Ghana, Republic of Congo, and South Africa.

The Vinson & Elkins team was led out of V&E’s London office by partners Robert Dixon (Picture) and Ahmed el-Gaili and senior associate Jonathon Hamill with assistance from senior professional support attorney Natalie Lamb, associates Ka-Mun Fu, Dominic Kinsky, Arabella Robinson, Simmy Sanghera, Suzana Vukasinovic and Freddie Wright, and trainees Martin Bontea, Grace Oyegbile, Afzaal Abidi, Harriet Steel and Robin Wallich. Counsel Andrew Callaghan and senior associate Byul Han provided tax advice.

Involved fees earner: Simmy Sanghera – Kirkland & Ellis; Andrew Callaghan – Vinson & Elkins LLP; Robert Dixon – Vinson & Elkins LLP; Ahmed el-Gaili – Vinson & Elkins LLP; Ka-Mun Fu – Vinson & Elkins LLP; Jonathon Hamill – Vinson & Elkins LLP; Byul Han – Vinson & Elkins LLP; Dominic Kinsky – Vinson & Elkins LLP; Natalie Lamb – Vinson & Elkins LLP; Arabella Robinson – Vinson & Elkins LLP; Suzana Vukasinovic – Vinson & Elkins LLP; Freddie Wright – Vinson & Elkins LLP;

Law Firms: Kirkland & Ellis; Vinson & Elkins LLP;

Clients: Helios Towers plc;

Author: Federica Tiefenthaler