CALA towerco consolidation accelerates
What assets have been sold so far and what remains to be acquired
The CALA tower industry has been created and established on two contrasting blueprints. On one hand, the participation of towercos that are long term investors, committed to stable growth plans across multiple countries, less inclined to risks and observant of the U.S. steel and grass model which they versioned for their ventures South of the border. And on the other hand, a myriad of private equity backed (PE-backed) towercos operating with a specific exit timeline in mind, high growth expectations and an appetite for greater risk. In this editorial, TowerXchange takes a close look at the consolidation trends in CALA, with the long term investors increasingly acquiring the PE-backed towercos, and suggests who could be next in line in the game.