TowerXchange has encountered a relatively shallow pool of financial institutions with a track record of investment in the telecom tower industry outside North America. Securing debt at reasonable interest rates, particularly in markets with perceived medium to high levels of country risk, remains one of the principle inhibitors to international tower industry growth. In this feature, TowerXchange present a simple list of the institutions we recognise as having provided or arranged international debt for the tower industry, plus part one of a matrix defining those institutions’ appetite for towers – and the contacts towercos and their advisors need to accelerate the process.