Andean Telecom Partners (ATP) – a DigitalBridge backed towerco that is now active in Peru, Colombia, Chile, Ecuador, and Paraguay – has confirmed the acquisition of BTS Towers from the IFC and private equity investors Cartesian Capital Group, and Amzak Capital.
ATP now own approximately 1,200 sites in Chile, 1,130 sites in Colombia, 1,100 sites in Peru, 170 sites in Ecuador, and 10 sites in Paraguay, for a total of 3,610. The expansion into Paraguay marks the first country that is not in the Andean group that ATP have expanded into – and yet more expansion could be on the cards soon.