The opening panel of the 6th annual TowerXchange Meetup Americas offered a broad overview of the key dynamics across key CALA markets including snapshots of Brazil, Mexico, Colombia and Argentina as well as considerations on other aspects of the industry such as opportunities in fibre, the path towards 5G and more.
Brazil: recovering, at last?
Grupo TorreSur entered Brazil in 2010, when they acquired 1,000 sites from what is now Telefónica. The towerco then went on to seal five more acquisitions and now owns nearly 6,500 towers across the country. In the words of its Chairman, Jim Eisenstein, “Brazil is finally moving in the right direction, with promising growth ahead and reforms such as pension reform, and PLC79 which could further boost the economy and its recovery.”