Telecoms Tower Operator Highline Secures Massive Funding for Brazil Expansion
Expanding its footprint in the booming Brazilian telecom market, Highline has successfully raised almost US$380 million through a new debenture issue. This marks the company’s largest fundraising effort to date and represents its first issuance of tax-exempt incentivised debentures within the telecommunications infrastructure sector.
Building the Future of Connectivity in Brazil
The influx of funds will directly fuel the construction of new mobile phone towers spanning the expansive landscape of Brazil. Highline, already a major player in the Brazilian telecom infrastructure space, has cemented its position as the second-largest operator of telecommunications towers in the country. The company boasts an impressive portfolio of approximately 14,000 sites, including traditional mobile towers, innovative rooftop installations on buildings, and specialized structures designed for coverage within shopping centers, stadiums, and other indoor areas.
A Stable Business Model for Continued Growth
Highline’s business model thrives on long-term, take-or-pay contracts with Brazil’s leading mobile network operators. These steadfast agreements ensure a stable and reliable source of revenue, providing the company with a solid foundation for continued expansion and investment.
Focus on Underserved Areas, Expansion of 4G and 5G Services
In addition to the debenture financing, Highline recently secured an additional US$10.84 million from Brazil’s National Development Bank, BNDES. This funding will be strategically channeled towards the rollout of 4G and 5G mobile towers, with a particular emphasis on reaching underserved areas that represent significant growth opportunities for companies like Highline.
Capitalizing on a Booming Telecom Sector
Brazil’s telecommunications sector has witnessed substantial investment in recent years, fueled by a surge in demand for data and mobile services. Highline has been strategically positioned to capitalize on this boom, demonstrating its commitment to the Brazilian market through a series of strategic acquisitions.
A History of Growth and Acquisition
In 2020, Highline acquired Phoenix Tower do Brasil, adding 2,500 new sites to its already impressive portfolio of digital communication infrastructure assets. This acquisition was followed by another significant deal in 2021 when financially troubled service provider Oi closed the sale of its tower unit to Highline.
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How will Highline’s expansion contribute to the economic development of Brazil?
## Expanding Connectivity: An Interview with Highline
**Interviewer:** Welcome to the show. Today, we’re discussing the exciting news of Highline’s substantial funding for expansion in Brazil. Joining us is Alex Reed, a representative from Highline. Thank you for being here.
**Alex Reed:** Thank you for having me.
**Interviewer:** Highline has just raised nearly US$380 million through a innovative debenture issue – a landmark achievement! Can you tell us more about this funding and what it means for Highline’s future in Brazil?
**Alex Reed:** Absolutely. We are thrilled about this recent success. This funding represents our largest fundraising effort to date and marks a pioneering step as the first issuance of tax-exempt incentivized debentures within the telecommunications infrastructure sector in Brazil. This injection of capital will fuel our ambitious growth plan, allowing us to significantly expand our network of mobile phone towers across the country. [[1](https://www.digitalbridge.com/portfolio/highline-do-brasil)]
**Interviewer:** Highline is already a major player in the Brazilian telecom infrastructure space. How will this expansion solidify your position in the market?
**Alex Reed:** We are currently the second-largest operator of telecommunications towers in Brazil, with a diverse portfolio of approximately 14,000 sites. These include traditional mobile towers, innovative rooftop installations on buildings to maximize coverage in urban areas, and specialized structures designed to overcome unique geographical challenges. This expansion will allow us to reach even more communities, bridging the digital divide and connecting Brazilians nationwide. [[1](https://www.digitalbridge.com/portfolio/highline-do-brasil)]
**Interviewer:** It sounds like an incredibly impactful initiative. What are the key goals Highline aims to achieve with this expansion?
**Alex Reed:** Our primary goal is to accelerate the availability of reliable and high-quality connectivity across Brazil. We want to empower individuals and businesses with the infrastructure needed to thrive in today’s digital world. This includes supporting the rollout of 5G technology, expanding access to rural communities, and contributing to the overall economic development of the country.
**Interviewer:** Thank you so much for shedding light on Highline’s exciting plans. We wish you the best in your expansion journey and look forward to seeing the positive impact it will have on Brazil.
**Alex Reed:** It’s our pleasure. We are excited about the future and the opportunity to play a key role in connecting Brazil.
