North Africa is a sizeable market which boasts a number of leading international and local players and such as Orange, Etisalat, Ooredoo, Maroc Telecomm Telecom Egypt and Vodafone (stc also plans to enter the region). As an untapped market North Africa presents tower companies with huge opportunities where strong and attractive mobile markets exist. TowerXchange gathered leading international towercos IHS Towers, Helios Towers and American Tower as well as MENA energy experts Mitsui to examine the merits of investing in this region.
Appetite for investment
From a scale perspective Morocco and Egypt are proving to be seen as the most suitable countries for the first phase of inbound investment.