China has become the latest telecom market to adopt the tower company business model, unlocking capex and opex savings through infrastructure sharing. With the injection of around a million legacy tower assets into China Tower Company (CTC), towercos now own 2,025,946 of the world’s ~3mn towers. MNOs who retain their towers are now in the minority – this transaction marks a new landmark in the separation of telecom real estate from retail telecommunications, a process many accredit as having been started by SBA Communications, Crown Castle and American Tower in the U.S. back in the mid nineties.
China Tower Company absorbs 1mn towers
