The prospects for ‘middle market towercos’ in Africa
TowerXchange is part of the Delinian Group, Delinian Limited, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2024

The prospects for ‘middle market towercos’ in Africa


Are second tier towercos investible?

A hot topic on two round tables at the recent TowerXchange Meetup was the potential for a ‘middle market’ of towercos in Africa. Does the aggressive bidding and accumulated experience of Africa’s “Big Four” towercos preclude new international, local or niche towercos from acquiring assets? Could new entrant towercos target markets too small or too risky to attract interest from the “Big Four”? Could debt and equity capital be accessed by niche towercos targeting BTS opportunities in urban areas, or by ‘rural infracos’ managing passive and active infrastructure and building low energy cell sites in rural areas?

Different breeds of ‘middle market towerco’

TowerXchange categorises the African middle market towercos into five broad categories:



The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Subscribe Login
Gift this article