The public health crisis that struck Mexico and the rest of the world in 2020 affected our company’s operating logistics, but it did not significantly limit our ability to incorporate 927 sites to our portfolio and add another 609 rents from colocations. The expansion of new towers was due both to improvements in the coverage of our clients’ telecommunications network and the increase in the capacity of some towers, in both urban and rural zones.
About the company
Telesites is a Mexican company that builds, installs, maintains, operates and sells various types of passive telecommunications infrastructure—towers and support structures, physical spaces and other non-electronic elements. With more than 18,000 towers spread across the nine regions of Mexico as well as Costa Rica, Telesites is the largest tower operator in Mexico, and the second largest in Latin America.
Faced with a steadily growing demand for data services, rapidly evolving telecommunications technology and the need for information transfer, cellular telephony carriers, cable television companies and geolocation services require a larger infrastructure for providing their services. This is a source of strong growth potential for Telesites going forward.