A thriving independent tower industry has emerged in China, providing invaluable supplementary construction capacity alongside China Tower. Independent towercos own just under 80,000 sites in China – that’s around half the total in either Sub-Saharan Africa or Central and Latin America. To understand the economics and investment opportunities in Chinese independent towercos, TowerXchange spoke to our old friend Jiatu Zheng, General Manager of the China Independent Tower Alliance (CITA), which was inaugurated in 2017.
TowerXchange: What is driving the growth of the independent towerco market in China?
Jiatu Zheng, Secretary General, CITA:
With the rapid development of mobile Internet and Internet of Things (IoT) technologies, the demand for wireless data and wireless network points of presence increases greatly.