With two recently announced acquisitions, edotco will own 38.2% of Pakistan’s 34,300 towers. To put these deals in context, TowerXchange has updated our Pakistan tower market study to include a deep dive into the details of who is buying what and for how much, and what this means for Pakistan’s fast-growing mobile market.
While towercos have been licensed in Pakistan since 2006, towers were initially seen as a source of competitive advantage by fiercely competitive MNOs. Attitudes toward infrastructure sharing have thawed since 2011, with over 10,000 co-locations now on Pakistan’s towers. That culture of infrastructure sharing has now crystalised with the market’s first major tower transactions, heralding the rise of edotco, which whose tower portfolio will be the largest and most pervasive in the country.