• PTI is in exclusive talks to acquire approximately 3,700 medium‑density wireless sites via the joint venture Infracos from Bouygues Telecom and SFR
• If completed, the deal would make France PTI’s largest individual market and bring its global total to ~33,000 towers across multiple regions
What happened：PTI enters exclusive French towers deal
Phoenix Tower International (PTI), a Florida‑based tower infrastructure provider, has entered exclusive negotiations with French network operators Bouygues Telecom and SFR to acquire Infracos, a joint venture that currently manages around 3,700 wireless sites in suburban and medium‑density areas of France .
Already active in France since 2020, PTI built its presence by supporting the government‑led New Deal programme in rural areas, followed by two rooftop portfolio acquisitions in dense urban zones during 2023 . The proposed deal, still under French works council consultation and awaiting regulatory approval, would expand PTI’s national footprint to nearly 10,000 sites, including build‑to‑suit agreements.
PTI’s CEO, Dagan Kasavana, described the move as “a natural and exciting next step” in strengthening PTI’s local operations and support for Bouygues and SFR’s ongoing 5G rollouts . Bouygues Telecom’s CEO Benoît Torloting and SFR’s executive Olivier Tailfer also underscored the partnership’s importance and the JV’s past success since 2014.
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Why it’s important
This potential transaction marks a pivotal shift for PTI, positioning France—notably its largest market—as a fully national provider across rural, suburban and urban zones . It empowers PTI to support a broader slice of the 5G infrastructure build‑out for its operator partners.
Pro forma, should the acquisition close, PTI would own and operate roughly 33,000 towers across Europe, the United States, Latin America and the Caribbean, significantly reinforcing its global scale and competitive position.
It also reflects a wider industry trend: mobile operators divesting tower assets to independent towercos to free capital and delegate infrastructure operations. In the French context, Bouygues and SFR’s decision to offload Infracos aligns with their broader infrastructure strategies and reliance on partners like PTI.
