Why building rather than buying towers creates more value
“In Brazil, other than AMT and SBA, everyone has an exit strategy” - Dr Chahram Zolfaghari, CEO, BTC
Brazil Tower Company (BTC) has built over 300 towers, primarily in Northeast Brazil, and is ahead of their growth schedule, forecasting having a portfolio of 1,000 towers by year end 2015. In TowerXchange’s exclusive interview Dr Chahram Zolfaghari, BTC’s CEO, discusses building, buying and ultimately selling towers in the high demand Brazilian market.
TowerXchange: Please tell us about the origins of Brazil Tower Company (BTC).
Dr Chahram Zolfaghari, CEO, BTC:
Brazil Tower Company was conceived of in 2011 in Miami between myself and three lawyer friends of mine. We wrote our first business plan on a napkin, and named ourselves Brazil Tower Company because we wanted to do for Brazil what American Tower Company had done for the USA! We secured seed capital from 1848 Capital while my management team and I also put some money in.