Entrepreneurial towerco FPS expands beyond rural towers into urban rooftops
Insights into how the French tower market is evolving to meet the needs of four MNOs, including a new rollout and a network plan being shaped by RAN-sharing
FPS was formed in 2012 by Antin Infrastructure Partners to acquire and manage just over 2,000 towers acquired from Bouygues Telecom. Since then, their ambitious growth strategy has led to the acquisition of Loxel, a rooftop management organisation, in 2015, and further plans to leverage operator consolidation and partnerships to gain market share. We spoke to the management team (Frederic Zimer, CEO, Cedric Lepolard, CFO and Pierre Cassier, Sales Director) of FPS, about how the idiosyncrasies of the French market and how FPS plans to deliver on their growth plans.
TowerXchange: Tell us about how FPS was formed and your current footprint - how did you manage to scale to over 2,000 towers and 20,000 rooftop sites in just three years?
Frederic Zimer, CEO, FPS Towers:
We now have 2,051 towers which we acquired directly from Bouygues Telecom which is how the company was founded – through a sale and leaseback agreement between Antin Infrastructure Partners and Bouygues Telecom.