Analysys Mason recently produced an independent study to investigate the structures and characteristics of efficient tower markets, commissioned by edotco Group. Through investigating a wide variety of tower markets, and identifying the common characteristics of the efficient markets they isolated a subset which are thought to be most efficient.
Definition and identification of efficient tower markets
Towercos traditionally improve the efficiency of mobile markets by increasing the sharing of passive infrastructure between mobile network operators (“MNOs”). Thus, we define efficient tower markets as markets where towercos have achieved a high degree of tower sharing.