TowerXchange’s history of the Brazilian tower market
From AMT’s first deal to Oi’s restructuring plans: tracking the development of the exciting, and turbulent, Brazilian tower market
Brazil is the largest and most mature tower market in the CALA region. But have you ever wondered how and when the history of the independent towerco industry began in Brazil? In this exclusive editorial, TowerXchange retraces the path of the Brazilian tower industry from the very first deals till today’s uncertainties.
The history of the Brazilian telecom tower market dates back to the early 2000s. Interestingly, the first towerco to snoop around the country was Crown Castle who went as far as opening an office in Brazil and conducted an early due diligence on the potential of the CALA market, only to then conclude that their more imminent priorities were back in the U.S.