Read this article to learn:
- The structure of the tower markets of Central America
- Summary of key stakeholders and transactions
- Why it will be difficult to complete more sale and leasebacks in Central America
- Is the Caribbean tower market investible?
A flurry of recent transactions, both towerco-on-towerco consolidations and sale and leasebacks, combined with healthy organic growth for SBA Communications, Torrecom, Phoenix Tower International and Telesites, have driven towerco penetration in Central America from 34% two years ago to 42% today. Independent towercos now own 5,100 of the 12,050 towers in Central America, compared to…