Apollo prove the bankability of the tower+power business model

One of Myanmar’s two largest towercos secures US$280mn in debt and equity. Proven power service helps secure a further PO for 717 towers from Telenor

Read this article to learn:

  • The challenges of the first phase of rollout and the different characteristics of the latest phase
  • How Apollo has maximised service continuity during monsoon rains
  • How Apollo got the banks and DFIs comfortable with their ability to deliver power
  • The specific investments Apollo have made in power systems to ensure continuity despite Myanmar’s highly unreliable grid
  • How Apollo’s CEO foresees demand for co-location

Apollo Towers Myanmar has been contracted by Telenor to build a total of 1,827 towers to date, of which at time of writing (early August 2015) 1,100 had been lit. With a full service tower+power proposition, Apollo is building fast and is positioning itself secure co-locations and become one of Myanmar’s two largest towercos. TowerXchange…

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