Argentina: Are the rewards worth engaging with the political and currency risk?
An initial look at the potential of the Argentinian market for the tower industry
Argentina is on everyone’s radar in the CALA tower industry. It’s a huge untapped market, trailing only the lucrative Brazilian and Mexican tower markets in terms of potential. But Argentina is untapped for good reason. TowerXchange asks: is the risk worth the reward?
First, let’s look at the positives.
Competitive operator landscape
Argentina is host to one of the most balanced, competitive operator markets in CALA, and that’s always good news for the tower industry. Three operators vie for market leadership: America Movil’s Claro, Telefonica / Movistar, and Telecom Personal (the mobile arm of Telecom Argentina, which itself is controlled by Telecom Italia, which in turn is in the process of exiting Argentina in spite of several delays in the sale process involving Fintech).