Sale and leaseback in Europe
As SLB accelerates in Europe, we look at the drivers and models which make it work
The sale and leaseback of telecoms towers first began in the USA 23 years ago, but has only really found momentum in Europe since 2012. We investigate why there’s been such a disparity in market development, what the motivations are for a European MNO to sell and lease back their towers, what operational benefits can be expected and what key differences are prevalent in the European model.
The state of the European market
Currently there are around 600,000 towers in the European market, of which 76,287 (15%) are owned by independent towercos.