Telecommunication Tower Market Regional Analysis,Trends, and Forecast, 2019 – 20

Posted by chaitali gawande on September 12th, 2019

The strides towards adoption and development of wireless network and the industry’s penetration in rural areas encouraged the TMR analyst to conduct a comprehensive analysis of the telecommunication tower market. In its latest offering, TMR talks about the major drivers, opportunities, and challenges in the market. It also sheds light on the growth timeline.

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Telecommunication Tower Market: Notable Developments and Competitive Analysis

The telecommunication tower market is has a highly consolidated vendor landscape where a few major companies occupy a substantial share in the market. The major winning strategy deployed by the players is the expansion of customer base across foreign countries through collaborative initiatives. Some of the new developments in the market are listed below:

• In 2018, Bharti Infratel announced the merger with Indus Towers for the creation of pan-India Tower Company. This is expected to be the world outside China and is anticipated to host approximately 163,000 towers that will operate around 22 telecom service centers in India. This merger is aimed at creation of a tower operator equipped with the infrastructure needed for the expansion of broadband services.
• In May 2019, Helios Towers Ltd. announced the completion of the transfer of South African tower company SA Towers Pty Ltd’s business into Helios Towers South Africa (HTSA). Helios Towers has created this platform in partnership with Vulatel Pty Ltd. This move will not only strengthen HTSA’s operations but will help this platform to grab the tower growth opportunities in South Africa
• PLDT wireless subsidiary Smart Communications Inc is decked to enhance its network connectivity across Philippines with its collaboration with Aboitiz InfraCapital Inc. and Frontier Tower Associates Philippines Inc. (FTAP). Through this collaboration it aims at construction of common towers to deliver wireless services to more areas across the nation.

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Some of the prominent enterprises operating in the telecommunication tower market comprise:

• AT&T Inc.
• American Tower Corporation
• Bharti Infratel Ltd.
• Helios Towers Africa

Lattice telecom towers are expected to fetch maximum revenue for the telecommunication tower market because of their extensive use for central communication zones. They are also widely used in hurricane zones because of their ability to handle heavy loads.

The improvement in broadband connectivity in the rural regions has also played a key role in the propelling the market’s growth. There is a rising penetration of smartphones in these areas which also backed government initiatives towards the installation of new telecommunication towers. Moreover, the fact that it creates new opportunities for employment in the rural areas has further encouraged the governments to enhance the broadband connectivity.