In June 2019, the world’s largest tower company, China Tower Corporation (CTC), created two new subsidiaries to extend a philosophy of smart sharing to energy and “intelligent connections.” In carving out subsidiaries Tower Energy and Tower Zhilian, CTC has created the world’s largest consumer of telecom energy equipment and services, and a landmark new centre of innovation as towercos diversify beyond focusing on sale of “vertical real estate” for the co-location of antennae equipment for MNOs to develop IoT, civil and government services. Naturally, TowerXchange’s Research team are on the ground in Beijing to explain more.
On June 26 in Beijing, CTC announced the creation of two new wholly-owned subsidiaries: Tower Energy Co.,
