Global Tower Company Rankings Update

By John Celentano, Inside Towers Business Editor

Year-end 2021 tallies of independent tower companies around the world reflect the demand for wireless infrastructure as their carriers respond to secular tailwinds of mobile data demand, IoT and coverage in urban and rural markets. Tower counts among all companies have grown year-over-year in high single-digit or low double-digit range through organic growth, acquisitions, and build-to-suits.  Some acquisitions are from other tower companies but mainly from MNOs divesting passive tower assets to raise capital for network modernization and expansion. Towercos become the landlords while MNOs remain as tenants. Tower tenancies are in the 1-2 per tower range, higher in some markets like North America. Continue Reading