The report, titled “Global Trends in Tower Markets”, focusses on the structures and characteristics of efficient tower markets in 6 countries – defined as markets where more than 50% of towers are owned by towercos and tenancy ratio of 1.5x and above for towers owned by towercos.

According to the independent report by AnalysysMason, which benchmarked some 20 countries where towers are active, six (6) leading markets stand out: US, Nigeria, Ghana, Germany, India and Indonesia. These markets shared five (5) key characteristics:

“These markets allow a range of tower ownership models, all of which can be efficient in promoting tower sharing. Most efficient tower markets allow for 100% foreign ownership, thereby allowing towercos to deliver the advantages of scale, even in smaller markets, wrote Amrish Kacker, Partner at Analysys Mason.

The report adds that in those efficient markets, there are typically 2-3 major towercos along with smaller towercos, creating a competitive tower market.

Every country is at different stages of adopting telecommunication technology that works within their own limitations and boundaries. The growth potential in individual markets varies, and understanding this, provides headway for towercos as they continue to support each country in their telecommunication needs.

“The presence of a towerco with a substantial market share does not make it less attractive for other towercosfrom entering the market,” concluded Analysys Mason.