In recent years, many European telecoms operators have sold their passive wireless infrastructure (towers) to independent tower companies (TowerCos).

Such transactions bring economic benefits because independent TowerCos have an incentive to host several operators on their towers at the same time.

But in a series of recent merger control cases, national competition authorities had to weigh these benefits against the negative effects of increased market concentration and market power, as they reviewed deals whereby a single TowerCo gains control over the bulk of some countries’ towers.

Cullen International’s latest report explains the issues at stake and provides practical case examples from our Competition Law Database.

To access the full report, please click on “Access the full content” - or on “Request Access”, in case you are not subscribed to our Competition Law service.