By Kieron Osmotherly, Founder & CEO, TowerXchange With the recent publication of American Tower (AMT) and SBA Communications’ (SBA) quarterly results, I thought it might be timely to contrast their international strategies, comparing where they have an appetite to deploy capital and under what terms. As we consider the implications of AMT and SBA’s acquisitiveness, and consider the handful of other towercos worldwide with the financial and ‘digestive capacity’ to execute US$500mn+ tower transactions, we start to see a distinct map of potential acquirers in tower ‘mega-deals’ on each continent, which itself has implications for MNOs considering the sale of assets.
