Argentina needs to build 50,000 towers in the next five years
A new initiative by the Agencia Argentina de Inversiones could remove crucial barriers to ease infrastructure deployment
Currently, Argentina has 16,000 active towers. With a 44mn population and a huge geographical extension, the country needs to duplicate that number, but bureaucratic barriers, social opposition and its complex economic situation have stopped the development of telecoms infrastructure in the country. Now, the Agencia Argentina de Inversiones y Comercio Internacional - alongside the Secretaría de Modernización and the Ente Nacional de Telecomunicaciones (ENACOM) - have started a collaborative initiative between towercos, investors and MNOs, which aims to eliminate the barriers that are slowing down the industry development and will attract an investment of US$5bn to deploy the 50,000 towers that the country needs.