China creates operator-led towerco

Is this the start of the largest towerco in the world?

Read this article to learn:

  • The creation and structure of China Communications Facilities Corporation
  • All of China’s BTS sites, including tens of thousands of new towers for 4G, will run through the towerco from 2015
  • The potential future injection of hundreds of thousands of existing towers into the towerco
  • Limited opportunities for foreign investors prior to a future partial IPO
  • An estimated Chinese tower count

Reset your diaries. This is day zero for the Chinese telecom tower industry. With the creation of China’s first towerco, China Communications Facilities Services Corporation Limited, as a shared entity owned by China Mobile (40%), China Unicom (30.1%) and China Telecom (29.9%), we share some commentary from Sanford C. Bernstein, plus TowerXchange’s own analysis. In…

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