TowerXchange's analysis of the independent tower market in Asia
The Asian telecom infrastructure landscape is offering plenty of news in terms of strategic M&A activities, the opening of new markets as well as innovation efforts towards 5G. While the merger between Telenor and Axiata has been called off, the deal between Indus Towers and Bharti Infratel remains on the cards and is likely to further reshape the tumultuous Indian market. Indonesia has resumed M&A activities too, with Protelindo and Mitratel acquiring 3,100 towers from Indosat and XL Axiata recently carving out 1,728 sites to Protelindo.
In the Philippines, Dito is entering the market and DICT is still finalising the terms of the common share tower policy, while some towercos – including American Tower and edotco – have already signed agreements with MNOs and local partners and deployment could start imminently.