PTI’s tower tale: from infrastructure start-up to multinational leader
Exploring the international expansion and unique strategy of Phoenix Tower International
In October 2013, Dagan Kasavana launched Phoenix Tower International (PTI), a start-up towerco that quickly expanded from its Boca Raton headquarters through the United States, Latin America and the Caribbean to become one of the fastest growing telecom infrastructure players in the region. PTI’s CEO Dagan Kasavana recruited an experienced team of towers’ masterminds that had previously worked together at Global Tower Partners (GTP)—including current Executive Chairman Tim Culver and Natalya Kashirina—prior to a US$4.8bn sale to American Tower. From the very beginning, Kasavana and his team bet on a creative growth strategy that combined strategic acquisitions with partnerships with local developers and successful build-to-suit initiatives.