ISA has sealed an agreement to invest up to US$80 million in Andean Tower Partners (ATP) for the development of telecommunications infrastructure in Colombia and Peru.
ATP owns, operates and manages passive telecommunications infrastructure in Colombia and Peru, with plans to expand into the Andean Region. Its business is to operate and manage towers and sites for mobile operator infrastructure deployment including new technologies like small cells and DAS (distributed antenna systems) to help meet mobile connectivity growing demand.
With this investment into ATP, ISA increases its presence in the telecommunications infrastructure segment which is projected to grow substantially in the coming years in Colombia and Peru.
