The Caribbean adventure continues for Phoenix Tower International

PTI’s CEO on the company’s deals and future plans in the Caribbean and beyond

Read this article to learn:

  • Details on the latest PTI’s acquisition in the Dominican Republic
  • PTI’s strategy across the Caribbean and other CALA countries
  • Which energy challenges do Caribbean telecom players face?
  • What are the most attractive opportunities for infrastructure development across CALA?

Earlier this summer, Phoenix Tower International (PTI) announced its agreement with Altice Dominicana (Euronext ATC, ATCB) to purchase 100% of its towerco Teletorres del Caribe, including a portfolio of 1,049 tower sites for US$170mn. The transaction has expanded Phoenix Tower International’s footprint in the country, where the company operates around 1,700 sites, and will reinforce…

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