ATIS ALCANCE REGIONAL

The investment fund TowerCo Investments LLC announced today the purchase of the majority stake in the telecommunications infrastructure solutions company ATIS Group SA with the aim of promoting an ambitious expansion plan both in Argentina and in other countries in the Southern Cone.
The company ATIS Group was founded in 2016 and today has more than 200 cell towers, providing service to the main operators in Argentina (Personal, Claro, Movistar and Directv), to accelerate the development of wireless communications in the country. In that sense, in 2020 ATIS Group established itself as the tower company with the most deployment in the country with investments in infrastructure from Jujuy to the southern Patagonian provinces, offering operators a telecommunications platform with greater speed, flexibility and offering the best support. for the installation of the most advanced technology on the market. Its founding partners, Juan Pablo Blanco and Felix Hasenclever, current CEO and COO of the company, will continue to be in charge of the management of the company, while they have increased their shareholding in the company, as a sign of confidence with the new defined plan. for ATIS.
“We are very excited about the entry of TowerCo Investments into ATIS Group because it will allow us to have the capital and resources to accelerate our growth plan and continue to maintain that distinctive factor, as strategic partners, that our clients value most. based on the fulfillment of promises, always providing agile and innovative solutions, with the highest quality in infrastructure. “We continue to contribute with each operator to expand the telecommunications service in the face of the challenging deployment that will come with 5G, providing significant social value for all internet and cell phone users in Argentina and the region,” said Juan Pablo Blanco, CEO of the company.
TowerCo Investments is a fund with a special focus on investment in telecommunications infrastructure and is represented by Martín Otero Monsegur who is part of several company boards in the region, such as the San Miguel citrus company, the Ganagrin agricultural company and the Metropolitana de Chile bottling company.
“We have the purpose of consolidating a regional telecommunications infrastructure platform that will make us the preferred supplier of the main operators, to accompany them in the expansion of a market with enormous growth potential if we compare the levels of service and demand that the most developed countries in the world have,” indicated Martín Otero Monsegur, Partner of TowerCo Investments LLC.