 Phoenix Tower International has come out of the COVID-19 pandemic with a lot more towers and more capital. That was the upbeat assessment Dagan Kasavana gave of PTI over the last two years in a fireside chat with Natalia Gorohova, TowerXchange Head of Research - Americas, during last week’s TowerXchange Meetup Americas 2022 in West Palm Beach, FL. The CEO discussed PTI’s journey as it transformed itself through a global tower buying spree.
Earlier this month, PTI acquired up to 3,800 towers from WOM, an MNO in Chile. Before that, it acquired 202 towers in the U.S. from Tower Ventures Holdings III, LLC and over 3,200 towers from Cellnex Telecom in France. Last year, it acquired 830 towers from Monaco Telecom across Malta and Cyprus (plus newly constructed towers for six years in a build-to-suit program) and 203 towers in the French West Indies from Outremer Telecom. In 2020, PTI picked up leasing rights to 2,400 towers in Italy, 600 towers in Ireland, and 4,000 towers in France, as well as nearly 200 more towers in the U.S. Continue Reading |
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