Guest editorial by Phil Cooper
In recent years we have seen South East Asian tower markets develop at pace. Across the region, we have seen the gestation and growth of independent tower companies. Real national and regional heavyweight towercos have emerged such as Tower Bersama and Protelindo in Indonesia and edotco from Malaysia.
However, Thailand seems to have been overlooked in this shift towards independent tower ownership. The market structure in this major South East Asian mobile market remains unclear to most market observers, and the ongoing political turmoil has meant that tower investors so far have shied away from dipping their toes in the market.
