It has proved difficult to close tower transactions in MENA, with several processes abandoned for financial or regulatory reasons. A year ago, towercos owned and operated less than 1% of MENA’s 275,000+ towers. While that figure remains modest at 6% today, several towercos are poised to play a critical role in the investment landscape of this developing region. TowerXchange examines what is driving the value proposition for towerco opportunities in MENA and examines the common threads for the lack of transaction closes in the region to date.
Assessing potential tower transactions
With the MENA region being so diverse, opportunities for towercos naturally vary from country to country.