After a few years of recession with very little organic growth and poor M&A activity, Brazil is emerging again as one of the fastest growing and most dynamic tower markets in Latin America. Its huge population of 211mn demands lots of data and a recovering economy is attracting international investors and new players. Consolidation is happening in both the telecom and tower sectors and the preparation for 5G, with an auction scheduled for November, will guarantee plenty of action. Welcome back, Brazil.
Brazil’s new tower landscape
Over the last few months, Brazil has been continuously making the headlines with an unprecedented volume of tower transactions and the market has since welcomed two very experienced and financially strong players that will probably continue scouting the market to scale their operations.
