A tough year for the Mexican tower industry
While expectations were running high, a lot of BTS business remains on hold in Mexico
In just over a year, Mexico has witnessed some crucial changes that have completely reshaped its telecom tower industry. From the creation of Telesites and its debut on the Mexican stock exchange to AT&T’s acquisition of Nextel, Iusacell and Unefon, expectations for an exciting year were flying high in 2015, but trading conditions over the past twelve months have been more challenging than many forecasted. At the third annual TowerXchange Meetup Americas, several Mexican stakeholders took centre stage and openly shared their side of the story.
Moderated by Marco Cordoni, Senior Partner within Analysys Mason, the Mexico panel featured Maria Scotti, CEO of Torrecom; Felipe de Antuñano, Co-CEO within Intelli Site Solutions; Mariano Gomez, Vice President at NMS; José Sola, CEO of Mexico Tower Partners and Alex Wright, MD within analyst firm Nau Securities.