Singapore-based Pinnacle Towers has made a move into its second market with the acquisition of Bangladeshi towerco AB Hightech (ABHT). The digital infrastructure platform secured funding from KKR in November 2020 and has deployed capital in the Philippines under its subsidiary Frontier Tower Associates Philippines. In this article, TowerXchange brings you all you need to know about Pinnacle, Frontier and AB Hightech, and what the deal means for the Bangladesh tower market going forward.
Introducing Pinnacle towers
Pinnacle Towers invests in, builds and operates telecommunications infrastructure with a particular focus on towers and related assets.
