All towercos are not created equal
Business model diversity increases as the tower industry spreads worldwide
Towercos have varying appetites to expand their footprint into new international markets, and as we look at the evolution and localisation of the towerco business model to meet the specific needs of those international markets, there is one inescapable conclusion: all towercos are not created equal. There is a world of difference between the U.S. blue print and the schematics of towercos in Central and Latin America, Africa, Asia and Europe. In this article we highlight the commonalities and focus on the differences to put some context around investments in this $192bn asset class.
Why are towercos so important?
A business model first conceived in the U.S.