2019 was a transformational year for the European tower industry with a number of major announcements hitting the headlines. From the plethora of deals signed by both Cellnex and Digital Colony to the spate of carve out plans announced by the continent’s MNOs, there is a significant shake up underway in the ownership and management of Europe’s c. 600,000 sites.
As 5G spectrum continues to be awarded across the continent, the design of network infrastructure will need to evolve and the sector’s most innovative infracos continue to explore new partnerships, services and site typologies that will secure their place at the heart of Europe’s digital future.
Questions continue to arise as to how this will affect the growth plans, profit margins and valuations of towercos, whose assets have been the subject of much investor interest in recent years. Towerco management teams, shareholders and analysts continue to try and get to the root of the issue with potential stake sales, flotations and M&A on the horizon for 2020.
Ahead of the 2020 TowerXchange Meetup Europe, we take a deep dive into the issues and developments shaping the sector of the past 12 months.
Download the complimentary report to read:
– Detailed summaries of the key discussion areas at the 2019 Meetup including CEO strategies, the impact of business models on valuation, M&A, deploying infrastructure for 5G and better usage of site data
– Interviews with VIPs including Cellnex, ATC Europe and Russian Towers
– Analyses of 2019’s M&A deals
– The implications of 2019’s tower announcements by Vodafone, Hutchison, Telefónica and Orange
– Forecasts for tower ownership by Q4 2021
– A who’s who, profiling the top 150 companies you need to know in the sector