Helios Towers, a UK-based telecommunications company, completed the acquisition of SA Towers, a South African tower company. Financial terms were not disclosed. "We are thrilled to announce this acquisition of SA Towers’ business, which will be made via our new partnership with Vulatel. It is consistent with our strategy of entering new markets in sub-Saharan Africa to further expand our geographic footprint. This is an innovative way of entering a new market by partnering with local entrepreneurs to create significant value for all stakeholders. We think the combination of Helios Towers’ expertise in tower infrastructure management and strong balance sheet with SA Towers’ entrepreneurial management team, tower pipeline and local relationships, puts HTSA into an ideal position to meet the needs of the MNOs and their customers in South Africa," Kash Pandya, Helios Towers CEO.