Summary

• Towercos have increased their presence at Mobile World Congress in 2026, reflecting their growing relevance as key infrastructure providers for the industry.
• Towerco ownership of global towers grew from 25% in 2014 to 75% today, as telcos around the world have sought to spin off infrastructure assets.
• Increasing consolidation among MNOs has also reduced the number of core customers available for towercos.

Towercos have increased their presence at Mobile World Congress in 2026, held March 2–5, reflecting their growing relevance as key infrastructure providers for the industry. Speaking at the conference in Barcelona, Spain, TOTEM CEO Emmanuel Rochas highlighted that towerco

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