Brazil, the biggest market in Latin America, already has a well-developed towerco market with 90% of sites owned by towercos. Over the last few years, it has been through a phase of consolidation driven by larger multinational towercos seeking to increase their market share through strategic acquisitions and private equity backed towercos exiting their investments. Similarly, on the telecom carrier front, Brazil's four mobile operators, Vivo (Telefónica), Claro (América Móvil), TIM, and Oi are being reduced to three, with the exit of Oi following financial difficulties. With the initial 5G deployment projects already well under way in the country, TowerXchange sums up the recent developments and the opportunities this exciting market offers.
Brazil – the changing landscape in LATAM’s most lucrative market
