The restructuring of the Mexican tower market
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The restructuring of the Mexican tower market

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Creation of Telcel towerco Telesites, entry of AT&T and launch of wholesale LTE network opens a new chapter in Mexican telecom infrastructure

It seems like the Mexican tower ecosystem, and the mobile operator market which it serves, is metamorphasising into a completely new structure, creating tremendous opportunities for savvy investors, and tremendous risks for those who fail to appreciate the nuances of the change. The headlines are obvious: Telcel is being forced to reduce their market share below 49%, leading to the potential disposal of assets, including the carve out of 10,800 towers to their own towerco Telesites. Meanwhile, AT&T acquired both third and fourth ranked operators Iusacell and Nextel Mexico, sparking a BTS feeding frenzy in the country.


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