Back in 2015, the hopeful arrival of Mauricio Macri and the first build-to-suit (BTS) contract inked by Innovattel painted a very promising picture for the tower industry to finally enter Argentina. Almost four years later, the reality has not come close to meet the huge expectations that everybody had for the country. The government is struggling to develop the necessary regulatory framework that can ease deployment due the strong power of more than 2,500 municipalities that coexist in the country, while high local fees, social opposition and the arduous permitting process are massively slowing down deployment for both operators and towercos.