BOSTON, April 19, 2019 /PRNewswire-PRWeb/ -- Q1 2019 is in the books and the sector tailwinds of telecommunications infrastructure remain strong. 5G network rollouts have commenced in earnest, the fate of the Sprint and T-Mobile merger remains uncertain, and Telefonica is mid-stream with the sale of its Central American operations. Read more in HSGA's Q1 2019 installment of their quarterly Global Tower Market Update.
Q1 2019 Global Tower Market Report
The High Street Global Advisors (HSGA) technology and telecommunications advisory team is supporting numerous projects throughout the Americas, Europe and Asia. There is substantial dry powder in the market with over $1.5 billion in new capital raised in Q1 2019 alone. There are rumors of large scale consolidation, new strategic partnerships and early stage projects that are just getting off the ground across Towers, Data Centers, Proximity Hosting, Edge Computing, Fiber and Small Cell. There will be a tremendous amount of work to be done on behalf of carriers and infrastructure companies to meet lofty deployment targets and network quality demands. Expect to see engineering, construction and services crews in high demand, with at times a shortage of qualified crews to perform the volume requirements along the supply chain.
Jonathan Loiacono, Managing Principal of HSGA notes, "It is great to see such support and excitement behind the telecom infrastructure sector globally. While the hype cycle feels like it is peaking, the rubber is only starting to meet the road. There is a long and complicated path to making ubiquitous 5G a reality, and the tail is even longer for rural and underserved geographies. To support all of the exciting use cases across farming, tele-health, logistics, autonomous vehicles and more, will require substantial investment and coordination. Much of our pipeline has converged on this common theme of Infrastructure, Software, Cloud and Hardware to support next-gen connectivity, and there will be no shortage of global opportunities for financial and strategic investors."
About High Street Global Advisors:
High Street Global Advisors (http://www.hsgallc.com) is a telecom-focused strategic and investment banking advisory firm founded by former leaders of U.S. M&A and FP&A at American Tower. We advise companies and investors along the telecommunications infrastructure, technology and services value chain providing our clients with access to a global strategic and capital network, and extended reach into international M&A and investment opportunities. The breadth of our advisory services allows us to keep pace with the dynamic movements of the global markets. With long-term relationship building as a cornerstone, our mandates and transactions are the result of thoughtful analysis and advice that drive shareholder value.
SOURCE High Street Global Advisors