Global telecom tower market overview
How many telecom towers are there in the world? And what proportion are owned by towercos?
Towercos own around one in three of the world’s ~3mn telecom towers. When China’s legacy towers are injected into CTC, that proportion will rise to two in three; MNO-captive towers will be in the minority. One struggles to imagine a parallel wherein an infrastructure asset class has been so radically transformed in such a short space of time. TowerXchange estimate that the tower industry currently owns 971,696 towers worldwide, assets worth ~US$100bn, but if smartly managed the aggregate market cap of companies in this asset class could be in excess of US$200bn.
After three years of studying the telecom tower markets on every continent except North America (which TowerXchange intend to start covering in Q2-3 2016), we can now make an educated estimate that there are around 3mn telecom towers worldwide.