The Mexican tower industry is also being transformed. Out of the 22,500-23,000 Mexican telecom towers, around 14,000 are owned by Telcel, 8,000 by American Tower, 600 by Mexico Tower Partners and 250 by IIMT. It has been estimated that 70,000 towers are needed in Mexico to reach 90% coverage. An astounding figure especially if we take into consideration that Mexico has one of the highest costs per tower in the region. Mexico is certainly one of the most attractive growth markets in the global tower industry.
Cconstitutional amend aimed at transforming the Mexican telecommunications industry led to the creation of a new regulatory agency, IFETEL, with constitutional status and a mandate to ensure economic competition and universal coverage.
