• Telecom Egypt grants initial approval for Helios to acquire majority stake in Regional Data Hub.
  • Deal values the data centre unit at USD 230 million, with scope to rise to USD 260 million.


What happened: Telecom Egypt approves Helios stake in data hub

Telecom Egypt has granted initial approval for Helios Investment Partners to acquire a majority stake of between 75 and 80 per cent in its subsidiary, Regional Data Hub (RDH). The agreement values the Cairo-based data centre unit at USD 230 million, with scope to rise to USD 260 million if performance milestones are met. As part of the restructuring, RDH’s assets will be transferred into a new corporate entity, leaving Telecom Egypt with a 20–25 percent minority shareholding.

The board has also authorised the signing of term sheets and appointed an independent financial advisor, registered with Egypt’s Financial Regulatory Authority, to deliver a fair valuation. EFG Hermes is acting as sole financial advisor, with ADSERO-Ragy Soliman & Partners and A&O Shearman serving as legal counsel. Final closing is still dependent on regulatory approvals, corporate restructuring, and compliance with listing rules.

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Why it’s important

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The deal arrives at a decisive time for Egypt’s digital infrastructure following the Ramses Central Exchange fire earlier this year, which disrupted financial transactions and exposed weaknesses in the network. By partnering with Helios—a London-based private equity firm with a record of digital infrastructure investments across Africa—Telecom Egypt secures both funding and operational expertise to expand RDH into a more resilient, regionally significant data hub. The partnership signals growing investor confidence in Egypt’s technology sector and could strengthen Cairo’s role as a connectivity gateway between Africa, the Middle East, and Europe. While the agreement still requires several procedural steps, the transaction demonstrates a constructive strategy: Telecom Egypt gains access to private capital while preserving influence through its minority stake, and Helios acquires a strategic foothold in a high-growth market.