DUBLIN--(BUSINESS WIRE)--Aug 20, 2018--The "Global Telecom Towers Market - Segmented by Fuel Type (Renewable, Non - renewable), Installation (Rooftop, Ground - based), Ownership (Operator - owned, JV, Private - owned), and Region - Growth, Trends and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The global telecom towers market is expected to register a CAGR of 17.63% during the forecast period.

The telecom tower industry has gained high prominence as an independent industry, mainly in India and the United States. In other parts of the world, tower sharing has been initiated or already in practice, and yet major share of the telecom towers are managed by the telcos.

Tower sharing is one of the major growth drivers for the telecom industry, as it significant benefits, such as cost reduction and faster data rollout. Growth in cloud-based services for mobile users and roll-out of 4G LTE services around the world have increased the network investment by carriers, which is driving the demand for the telecom towers market.

Key Highlights

Growing Connecting/Improving Connectivity to Rural Areas Accelerating Growth in the Monopole Tower Type Asia-Pacific to Dominate the Growth of the Market

Notable Developments in the Market

American Tower Corporation entered into definitive agreements with Vodafone India Limited and Idea Cellular Limited through which it is expected to add an aggregate of approximately 20,000 communications sites to its existing Indian portfolio. AT&T Towers, Verizon, and Tillman Infrastructure collaborated to build hundreds of cell towers, with the potential for new site locations in the future. They are expected to serve as opportunities for the carriers to relocate equipment from current towers. AT&T Towers and Shell signed an agreement for the provision of managed communications and network integration services for Shell, globally. The company is expected to provide strategic services - network management and integration, global voice and data services, security, video, and collaboration, which are estimated to drive cost efficiencies while enabling a more agile, future-ready IT landscape. Crown Castle International Corporation acquired LTS Group Holdings LLC that owns or has rights to approximately 32,000 route miles of fiber, located primarily in top metro markets in the Northeast, including Boston, New York, and Philadelphia. With the addition of Lightower, the company owns or has rights to over 60,000 route miles of fiber. T-Mobile announced plans to launched License Assisted Access (LAA) on small cells to add capacity and speed, and further increase the density of its network. Helios Towers Africa entered into an agreement with Zanzibar Telecom PLC for the acquisition of unique sites of their mainland tower portfolio. AT&T Towers and China Telecom signed a framework agreement to develop advanced network services for multinational companies doing business in China.

Key Topics Covered

1. Introduction

2. Research Approach and Methodology

3. Executive Summary

4. Market Dynamics

5. Technology Snapshot

6. Global Telecom Towers Segmentation

7. Competitive Intelligence - Company Profiles

American Tower Corporation Helios Towers Africa Bharti Infratel China Tower Corporation S&A Communications AT&T Towers Crown Castle International Corporation T-Mobile Towers GTL Infrastructure

8. Investment Analysis

9. Future of the Telecom Towers Market

For more information about this report visit https://www.researchandmarkets.com/research/5p9b6v/global_telecom?w=4

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Related Topics:Telecommunications and Networks

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY NETWORKS TELECOMMUNICATIONS

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 08/20/2018 11:02 AM/DISC: 08/20/2018 11:02 AM

http://www.businesswire.com/news/home/20180820005402/en