How to perfect imperfections in leases to maximise the value of tower assets
Establishing title and transferability
Experienced tower transaction advisors Norton Rose Fulbright review the key issues affecting the transferability of leases from MNOs to towercos, and explain how to overcome common challenges, such as proving title, protecting against ground lease aggregation, and overcoming any restrictions on foreign companies owning land.
TowerXchange: Please introduce Norton Rose Fulbright and your experience in advising on emerging market tower transactions.
Daniel Metcalfe and Oliver Stacey, Partners, Andrew Savage, Senior Associate, Norton Rose Fulbright:
Norton Rose Fulbright is one of the first legal practices to observe the trend for the transfer of tower assets from MNOs to towercos in emerging markets, leveraging excellent relationships with the operators and bank contacts to secure many of the early mandates in African towers.