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Feb 14, 2017 11:50 AM ET

BTS Towers raises over $100 Million to Invest in Central and South American Telecom Infrastructure Solutions

iCrowdNewswire - Feb 14, 2017

NEW YORK (Feb 07, 2017) – BTS Towers (“BTS”) today announced that it has secured commitments of more than $100 million to build and operate telecommunications infrastructure solutions for mobile operators in Central and South America.

 

BTS was formed by the former management team of Network Management Services (“NMS”). BTS presently operates in Peru and will expand into other markets throughout Central and South America. BTS will leverage the deep experience of the former NMS management team along with the new capital provided by the major shareholders.

 

“We see highly attractive opportunities to deploy mobile infrastructure assets in Peru, Colombia, México, and throughout Central America,” said CEO Tatum Martin. “The established carriers and new entrants need the infrastructure we finance, build and manage for them. Wireless infrastructure solutions benefit from rising mobile penetration and accelerating demand for data. In these markets, wireless telephony has become an essential consumer staple and is expanding rapidly to meet new generations of users.”

 

Mariano Gomez, Executive Vice President of BTS, added: “BTS provides its customers with state of the art wireless infrastructure technologies, using the best talent and practices in these regions.   We have successfully designed and deployed mobile telephony infrastructure in both rural and urban environments, providing customized solutions for each of our customers.”

 

BTS’ partners are three seasoned telecommunications investors: Cartesian Capital Group, the International Finance Corporation (IFC) and Amzak Capital. Cartesian Capital Group is a New York based private equity firm with over $2 billion under management and has invested in telecommunications properties in multiple countries. The IFC has more than 20 years of experience investing in telecom infrastructure and operators in emerging markets, including $8.3 billion in financing across 80 countries. Amzak is a single-family office with more than 25 years of experience investing in telecommunications businesses in Latin America.

Contact Information:

Mariano Gomez, Executive VicePresident
mariano.gomez@btstowers.com
+1-660-833-0001

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