M&A Transactions in the Tower Industry: Exclusive Guide
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M&A Transactions in the Tower Industry: Exclusive Guide

The telecom tower industry has experienced significant changes over the past decade, primarily driven by the rapid growth in mobile data consumption, the rollout of 4G and 5G networks, and the need for operators to optimize their capital allocation. These factors have fueled a dynamic mergers and acquisitions (M&A) landscape, with mobile network operators (MNOs) increasingly divesting their tower assets to tower companies (towercos) or infrastructure funds.

Who’s Who in MENA Towers (2)-min.png

To provide a detailed understanding of these market dynamics, we have compiled a comprehensive table detailing major historical tower and towerco deals across APAC, Europe, Latin America, MENA, and Sub-Saharan Africa. The table includes:

  • Details of the Buyers and Sellers

  • Year of the Deal

  • Number of Towers Included in the Deal

  • Deal Value

  • Structure of the Deal

This table serves as an invaluable resource for industry stakeholders, investors, and analysts who aim to understand the historical trends and major movements within the telecom tower industry. By examining these transactions, stakeholders can gain deep insights into:

  • Strategic Decisions: Analyzing who is buying and selling, and at what scale, helps in understanding the strategic priorities and growth plans of key industry players.

  • Market


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