China Tower Corporation’s journey to profitability in Q42016 and IPO in 2017

World’s largest towerco increases tower sharing and sets industry benchmarks

Read this article to learn:

  • CTC’s key stats and accomplishments for 2016
  • CTC’s multi-pronged approach to optimise business operations
  • CTC’s lease revenue from the three MNOs in 2016
  • CTC’s tenancy ratio for 2016
  • CTC’s IPO timeline and location

Since its inception in July 2014, China Tower Corporation (CTC) broke even in 2016, becoming profitable in the last quarter of the year as it seeks to IPO by the end of 2017 in a best-case scenario. As a state-owned giant, CTC has flexed its muscles considerably in mobilising governmental resources to improve site acquisition,…

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