TowerXchange market studies: Ukraine, Kazakhstan, Armenia and Georgia
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TowerXchange market studies: Ukraine, Kazakhstan, Armenia and Georgia

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A closer look at market dynamics in Central Asia as Veon’s towers come to market

Teasers are reportedly out for the sale of 12,400 Veon (formerly VimpelCom) towers in Central Asia, with TAP Advisors believed to be running the process. With 4G only rolled out to half the population in Kazakhstan, Armenia and Georgia, and with the Ukraine still lagging in 3G rollout, demand for data will soar and demand for points of service in these markets could double in the next ten years. And with few existing towercos in the region, VimpelCom’s process could inaugurate a new era of shared infrastructure in Eurasia.

The current state of the tower markets in the Ukraine, Kazakhstan, Armenia and Georgia

Veon is reportedly seeking to monetise towers in four diverse countries with a total population comparable to the United Kingdom.


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