With the news that Switzerland may be the next country to play host to a tower deal, TowerXchange examines key market dynamics and statistics and explores how a deal might play out. With a renownedly stable and successful economy, the Swiss mobile market will no doubt be a target for those seeking steady returns, but what are the drivers behind this sale and what’s on offer?
European context
Thus far as a trend, the most recent European sale and leasebacks tend to have been conducted by the third MNO player in a market, (whereas market leaders have often chosen to carve out their own towers into a captive towerco – see INWIT, Telxius, Global Tower).