VEON-owned Beeline’s tower carve-out and sale strategy is becoming ever clearer in Central Asia, and it is possible that Uzbekistan could become a model for tower growth.
VEON’s strategic goal to have an asset-light, digitally-led business model is being fulfilled.
This strategy is being implemented in Uzbekistan, where VEON’s MNO company Beeline has established a new entity to manage its existing towers and to facilitate further portfolio expansion. Beeline is replicating its strategy in Kazakhstan, where it has around 1,500 towers, according to the company.
The recently established National Tower Infrastructure (NTI) has received the majority of Beeline’s tower assets, comprising approximately 4,000 towers.