Read this article to learn:
- What is China Tower Corporation, how does it operate, and what does it own?
- Lease rates for China Tower and independent towercos
- Growth opportunities and regulatory landscape
- Valuation benchmarks, tenancy ratios, and investibility
China is home to the world’s largest towerco China Tower Corporation (CTC), as well as a fragmented but good-sized ecosystem of 200+ independent towercos. While the State-owned enterprise remains eager and committed to IPO in Q4 2017, there is chatter this is more more likely to happen in the first quarter of 2018. Estimated tower…