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Telecom Tower Industry | TowerXchange’s LATAM guide


A country-by-country guide to the tower industry in Latin America: Q2 2023 update

Despite the global economic slowdown, rising inflation and interest rates, tower companies have continued to steadily expand their portfolios in Latin America throughout 2022 and in 2023, although the rate of M&A deals has generally been slower than in other regions. American Tower remains the leading independent wireless infrastructure host in the region, maintaining the leading position in a number of countries in both Central and South America. Other large independent tower companies with global presence, SBA Communications, Phoenix Towers International and IHS Towers continue to steadily grow their market shares in the region. 2022 saw the long-awaited launch of the América Móvil’s giant infrastructure carve out Sites, which is now active in 15 countries in Latin America, and Millicom’s carve out Lati has finally been launched, and now operates around 10,500 towers in eitght markets.



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