How to structure a joint venture towerco
Operational issues should be covered by the MLA, not the JVA
Vinson & Elkins have been advising on tower transactions for decades. Previously they represented American Tower, and more recently they represented Crown Castle during their push into Europe, when a flurry or potential tower transactions was triggered by MNOs’ need to raise capital for their 3G licenses. When the emerging market tower industry started to become active over the last decade, Vinson & Elkins drew on their relationship with Chuck Green from his time at Crown Castle, and some work they had done for Helios Investment Partners, becoming a natural choice to represent Helios Towers Africa in their pioneering transactions.