Thursday, July 15, 2021

Phoenix Tower Expands Its Footprint Across Malta and Cyprus

 Phoenix Tower International (“Phoenix”) announced yesterday it has closed its agreement with Monaco Telecom to purchase over 830 wireless towers and acquire newly constructed wireless towers over six years across Malta and Cyprus through a build-to-suit (BTS) program. The acquisition, according to Phoenix’s CEO Dagan Kasavana, makes them the largest tower infrastructure provider in both countries.The partnership established with Monaco Telecom through this deal will see the operator occupy the sites for at least twenty years. 

In Malta and Cyprus, Phoenix will operate the neutral host independent tower model to facilitate increased coverage expansion for all wireless operators and ultimately increased connectivity for the populations of both countries. 

Phoenix also expanded its European footprint in Ireland and France through further tower acquisitions that closed in the last month and are now being integrated into the established operations in each country. This brings the total added, year to date, to 274 sites. Continue Reading

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