Helios to acquire 75% stake in Telecom Egypt’s data centre assets
- Helios Investment Partners secures approval to acquire 75% of Telecom Egypt's regional data hub.
- The deal values the RDH business at $230 million, with potential growth to $260 million.
- Telecom Egypt will maintain a minority stake of 20-25% in the new subsidiary.
The acquisition by Helios Investment Partners represents a significant step towards enhancing digital infrastructure in Africa, particularly in Egypt. This move not only reflects the growing demand for data services but also positions both companies to leverage emerging technologies like AI, which could drive further investments in the region. Future discussions should focus on the long-term impacts of such investments on local economies and technology ecosystems.
