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Ghana overview

One of our most mature markets, Ghana already boasts 56% mobile penetration of its 30 million population, as well as regionally high smartphone ownership driving increased demand for mobile data.

Following a 6% CAGR of subscriber growth from 2013-2020, independent forecasts expect a 3% CAGR from 2021-2026.

Network expansion is supported by government led initiatives such as the rural telephony project, designed to accelerate mobile penetration in the country and should, in turn, drive organic growth for our business.

The merger of Airtel and Tigo in 2017 has resulted in some network consolidation. Longer-term, the merger is expected to catalyse network investment by all operators as competition intensifies, creating further growth opportunities for our business.

The market now supports three main mobile players, with the other two being MTN and Vodafone, both of whom have received 4G licences to drive network investment in new PoS.

Helios Towers is one of two independent players in the competitive towerco market, following this year’s merger of American Tower and Eaton Towers, with c.20% market share. We entered the market in 2010 with the acquisition of Millicom’s sites and have been adding meaningful volumes of build-to-suit sites in the last few years. Helios Towers’ sites are well positioned with 73% in urban areas.

Our customers

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Q3 2022 KPIs


1,109 sites  2,210 Tenants   1.99x Tenancy Ratio



Sainesh Vallabh Regional CEO
Fritz Dzeklo Managing Director
Ernest Boakye  Finance Controller
Barbara Martinson Head of Legal and Regulatory
Catherine Mensah  Interim Human Resources Manager
Anita Sackey-Clarke Project Director
Benedictus Nuworbor Network Operations Director
Joyce Aba Mensah Head of Performance Engineering
Angelo Govina Sales & Marketing Director
Marian Caternor Supply Chain Manager

Regional Contact - Ghana

Tel: +233 242 435581

Address: HTG Managed Services Limited, 31 Akosombo Road, Airport Residential Area, Accra, Ghana
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