The second day of the TowerXchange Meetup Europe took a closer look at the motivations behind tower carve outs and sales by operators and asked where else we may see tower portfolios changing hands through M&A. Joining the panel were Alexander Chub, President of Russian Towers who are closely monitoring any towers coming to market in Russia and the CIS; Colin Shea, Strategy Director of CETIN, who was was heavily involved in the company’s carve out from O2 Czech Republic; and Colin Cunningham, Managing Director of Irish towerco Cignal which came into existence in 2015 following the acquisition of the communication assets of the State forestry company, Coillte.