Continuing a neutral host theme that has been prevalent in infrastructure news in recent months, infrastructure operator Phoenix Tower International (PTI) has signed an exclusivity agreement with Outremer Telecom, a service provider serving Martinique, Guadeloupe and French Guiana, to own and operate tower sites across French West Indies.
The exclusivity agreement entered into by the two companies involves the acquisition by PTI of 203 wireless towers, together with newly constructed wireless towers over 10 years across the French West Indies through a build-to-suit programme.
The transaction, says PTI, could expand and solidify its leadership position as the largest tower infrastructure provider in the market with over 437 towers and grow its footprint across Europe and the Caribbean.
It is expected that PTI and Outremer Telecom will establish a long-term partnership whereby Outremer Telecom would occupy the sites for at least 20 years.
“The increased presence of PTI, a neutral host independent tower company, in the region would facilitate increased coverage expansion for all wireless operators and ultimately enhanced connectivity for the population of French West Indies,” stated Dagan Kasavana, Chief Executive Officer of Phoenix Tower International.
Phoenix, through its subsidiaries, owns and operates over 14,000 towers, 986 km of fibre and over 80,000 other wireless infrastructure and related sites throughout Europe, the United States, Latin America and the Caribbean.
Outremer Telecom provides integrated fixed telephony, mobile telephony, and internet access services for residential and business customers in Martinique, Guadeloupe and French Guiana.
The Altice group acquired Outremer Telecom in 2013. Following the acquisition of SFR by Altice, Outremer Telecom now operates under the SFR brand.