34% of European towers to be owned by independent towercos by 2020
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34% of European towers to be owned by independent towercos by 2020

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TowerXchange’s updated market forecast

In the past five years, over 20 tower transactions of scale with a combined deal value of over €4bn have been completed in the European tower market. Add to this the creation of joint venture ‘infracos’ and carve out of operator-captive towercos yet to be monetised, and the ownership of towers across Europe has seen a significant shift. With activity having ramped up in recent months, TowerXchange look ahead to 2020 and examine how the ownership of Europe’s towers is set to change.

Key terms and definitions

In order to better understand TowerXchange’s forecast it is first important to understand a number of key definitions and assumptions.


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