While Atlas Tower has built about 90 towers in the U.S. over the past seven years, it also was a busy player in the aggressive push to improve voice and data coverage throughout South Africa. While doing so, it has become a predominant owner of new tower infrastructure in the country. Founder and CEO Nate Foster, speaking from his office in Paarl, South Africa, told Inside Towers yesterday the company on Friday (May 6) completed its 100th tower. The latest structure is in Soweto, a township in the bustling city of Johannesburg.
“South Africa represents a steep
departure from our careful and calculated U.S. business model,” said
Foster. “We carefully assessed foreign opportunities and came to the
conclusion that although South Africa is a complicated market that lacks
traditional clarity, it provides us the kind of regulatory environment
that we believe drives value.” Continue Reading