Telecom Tower Industry | TowerXchange’s Asia guide
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Telecom Tower Industry | TowerXchange’s Asia guide


A country-by-country guide to the tower industry in APAC: Q4 23 update

After a few years of a fast-paced M&A market in APAC, things have quietened down somewhat in 2023. That being said, there have been some transactions announced over the past six months. Mitratel’s deal with IOH marked the end of an era in Indonesia. Following its close, 100% of the nation’s towers will be in the hands of independent or operator-led towercos. Pending regulatory approval, New Zealand will also be left without MNOs fully owning tower infrastructure, although a joint venture between all three

operators will still maintain around 10% of the market.

Meanwhile JTOWER successfully transferred the first batch of the NTT Docomo towers it purchased last year, marking the start of a new era in Japan.


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