Wellington Capital Advisory CEO, David Burke, takes us on a tour of the Indonesian tower market, which is among the most developed and profitable in the world. Tenancy ratios in many cases exceed 1.7, EBITDA margins reach 60 to 80% and there is the potential for additional transactions through the consolidation of middle market towercos and further operator sale and leaseback arrangements.
What are the prospects for Indonesia’s towercos to export their expertise elsewhere in Southeast Asia, and how do opportunities for the tower industry in Myanmar, Cambodia and The Philippines compare?
TowerXchange: Please introduce yourself and your experience in the telecom tower industry.
