Helios Towers shares rise as first quarter impresses

Helios Towers PLC (LSE:HTWS) saw its shares rise 18%, changing hands at 240.4p, on Thursday after upgrading its 2026 guidance after a sharp rise in tenancy demand helped drive double-digit growth in first-quarter earnings. The independent mobile phone and data tower company said adjusted EBITDA rose 14% year-on-year to US$127.2 million in the three months to 31 March, while revenue increased 12% to US$229.2 million.