Citi’s TMT team in New York and London is renowned for its work advising on global telecom infrastructure transactions, including FSS and MSS (Fixed and Mobile Satellite Services), fibre and data centres. However, the majority of their work has been on telecom and broadcasting towers, initially driven by the three U.S. publics’ consolidation of their domestic market in the early part of the millennium, later extending into LatAm, Africa, Asia and most recently Europe. Citi’s Gaurav (“Guri”) Bath leads their coverage of Global Telecom Infrastructure and has spent a lot of time in Europe recently so TowerXchange asked him to contrast the European tower market with those Citi has served, and continues to serve, in MEA.
Will we see the same tower transaction deal flow in Europe which we’ve seen in Africa?
