Excluding Russia and the CIS, which we include in our European analysis, TowerXchange estimate that there are 2,205,708 telecom towers in Asia, 53% of which are in China and 20% in India. Towercos own 71% of Asia’s towers, but the picture is significantly distorted by the high towerco penetration in China (100%) and India (68%). In this analysis we look at the relatively untouched tower markets in Asia, finding some virgin towerco markets that might be a good fit for the independent towerco business model.
Afghanistan: There are five licensed 3G MNOs in Afghanistan; Etisalat, MTN, Roshan, Aftel and AWCC.
