Bangladesh Telecom Towers Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Volume (2024) | 44.26 Thousand units |
| Market Volume (2029) | 48.11 Thousand units |
| CAGR (2024 - 2029) | 1.68 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Bangladesh Telecom Towers Market Analysis
The Bangladesh Telecom Towers Market size in terms of installed base is expected to grow from 44.26 Thousand units in 2024 to 48.11 Thousand units by 2029, at a CAGR of 1.68% during the forecast period (2024-2029).
- The telecom towers market in Bangladesh is experiencing significant growth, driven by the rapid expansion of mobile connectivity, increasing data consumption, and the push toward 5G technology.
- Bangladesh is evolving rapidly as "Vision 2041" becomes a reality. Bangladesh's viewpoint plan aims to become an upper-middle-income country by 2031 and a high-income country by 2041. The goal is to be applied mainly through the digital and internet technologies. Digital inclusion is essential to this transformation, and an inexpensive and dependable connection is necessary for the government to achieve its "Vision 2041" goals.
- The mobile understanding in Bangladesh remains dominated by 3G and 4G networks. While 4G services were launched only in 2018, and adoption is expected to develop, operators have started 5G services trials (Robi, TeleTalk, and Grameenphone), which hold the potential of a step change in the mobile experience quality. Moreover, 5G and 4G subscribers are growing steadily. For instance, according to the GSMA, 4G subscribers are anticipated to grow from 46% in 2022 to 73% in 2030, and 5G subscribers are projected to reach 22% by 2030 in the country.
- The growing adoption of mobile internet services and the surging demand for digital content are straining network capacities. In response, telecom operators are modernizing their networks, notably by installing small cell sites and micro towers in crowded urban locales. These upgrades aim to improve coverage and alleviate network congestion. Such advancements are poised to further invigorate the telecom tower market as operators strive to enhance service quality and meet the escalating demand for high-speed internet.
- In addition, the entry of international tower companies into the Bangladeshi market has brought in capital and expertise, facilitating faster deployment of tower infrastructure. Companies such as Edotco Group and Summit Communications have been instrumental in driving the growth of the telecom tower market. These companies are not only building new towers but are also acquiring existing ones from telecom operators under tower-sharing agreements, which helps operators reduce their capital expenditure and focus more on enhancing service delivery.
Bangladesh Telecom Towers Market Trends
MNO Captive Sites Augment the Market's Growth
- The Bangladeshi telecom towers market is witnessing robust growth, primarily fueled by the expansion of Mobile Network Operator (MNO) captive sites. This surge in demand for dependable mobile connectivity is largely attributed to rising smartphone adoption, heightened mobile internet usage, and a governmental emphasis on digitalization.
- MNOs are expanding their tower networks to meet the rising demand, showing a clear preference for captive sites. By opting for these sites, MNOs gain enhanced control over their network infrastructure, lessen their reliance on third-party tower companies, and rapidly roll out new technologies, including 4G and the upcoming 5G networks.
- Bangladesh possesses a significant number of mobile internet subscribers. Improved connectivity fosters communication, facilitates information exchange, and fuels data-dependent services. As per the Association of Mobile Telecom Operators of Bangladesh (AMTOB), the total number of mobile internet subscribers reached 118.96 million at the end of November 2023.
- The expansion of tower networks is a key driver in enhanced data and messaging services, enabling better connectivity and contributing to the growth of the telecom market. According to the Bangladesh Telecommunication Regulatory Commission (BTRC), the total number of telecom towers was 43,886 in November 2023.
- Operators like Grameenphone, Robi Axiata, and Banglalink are investing in captive sites to optimize their coverage and capacity, especially in urban areas where data traffic is highest. The rise of IoT applications and mobile broadband services in Bangladesh necessitates a robust and extensive tower network, further fueling the need for captive sites. This strategic move not only enhances network efficiency but also provides MNOs with a competitive edge by improving operational control and cost efficiency.
- The Bangladeshi telecom market's competitive landscape and evolving consumer expectations for high-speed, reliable connectivity make captive sites a critical component of MNOs' growth strategies. Consequently, the increasing number of MNO captive sites is a driving force behind the ongoing expansion and modernization of the telecom towers market in Bangladesh, supporting the country’s broader digital transformation goals.
Renewable Fuel Type Spur the Market Growth
- The Bangladeshi telecom towers market is experiencing a shift toward the adoption of renewable fuel types as a means to support energy-efficient operations and reduce dependency on conventional energy sources. Telecom towers in the country, which primarily rely on diesel generators for power backup, are being gradually transitioned to renewable energy solutions such as solar and wind power.
- This shift is driven by the need to reduce carbon emissions, improve energy efficiency, and lower operational costs. The growing demand for telecom services, fueled by the rapid expansion of mobile connectivity and data consumption, is further motivating tower operators to explore alternative energy options to meet the increasing power demands sustainably.
- In November 2023, Banglalink and Teletalk initiated a national roaming field trial to test the seamless switching of alternative networks in areas with coverage gaps in various regions nationwide. The trial's first phase includes post-paid voice and SMS services in specific areas; the other phase includes testing for pre-paid and data services. This helped both companies enhance mobile connectivity for Teletalk and Banglalink customers across the country by promoting network sharing between the operators.
- These collaborations are expected to drive further growth in the adoption of renewable fuel types across Bangladesh's telecom towers. As a result, renewable energy is playing a pivotal role in the transformation of the telecom infrastructure, contributing to the long-term sustainability and resilience of the sector.
- Overall, the adoption of renewable fuel types in the Bangladeshi telecom towers market is a growing trend driven by environmental concerns, cost savings, government initiatives, and the increasing demand for reliable telecom services. Solar and hybrid energy solutions are leading this transition, with continued investments and innovations expected to further accelerate the shift toward greener, more efficient telecom tower operations in the coming years.
Bangladesh Telecom Towers Industry Overview
The Bangladeshi telecom towers market is semi-consolidated and consists of several major players, such as Edotco Bangladesh Co. Ltd, Bangladesh Telecommunications Company Limited, and Grameenphone Limited. These major players are expanding their customer base internationally through strategic collaborations and acquisitions of telecom tower startups. This has led to a moderately high market concentration, with a few dominant players benefiting from significant market share and profitability.
Bangladesh Telecom Towers Market Leaders
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Edotco Bangladesh Co. Ltd.
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Bangladesh Telecommunications Company Limited
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Robi Axiata Limited
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Grameenphone Limited
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Teletalk Bangladesh Ltd
*Disclaimer: Major Players sorted in no particular order
Bangladesh Telecom Towers Market News
- January 2024: VEON Ltd, a global digital operator specializing in converged connectivity and online services, announced that its wholly-owned subsidiary, Banglalink, finalized the sale of a portion of its tower portfolio in Bangladesh to Summit Towers Limited. This transaction, valued at approximately BDT 11 billion (around USD 100 million), comes on the heels of a prior announcement made on November 15, 2023. The legal transfer of the towers is set for December 2023, contingent upon receiving all necessary regulatory approvals.
- November 2023: Summit Towers Limited inked a deal with Banglalink, a telecom service provider, to purchase 2000+ towers to provide long-term tower services to leverage its expertise and efficiency.
- September 2023: EDOTCO Bangladesh and SkyTel Communications Ltd formed a strategic partnership to share telecom infrastructure. With this partnership initiative, SkyTel Communications Ltd would gain access to EDOTCO Bangladesh’s telecom infrastructure sites. EDOTCO Bangladesh will likely benefit from colocation opportunities with SkyTel, leading to optimized resource management and enhanced network connectivity for citizens across the country.
Bangladesh Telecom Towers Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitutes
4.2.5 Intensity of Competitive Rivalry
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Connecting/Improving Connectivity to Rural Areas
5.1.2 Improving and Catering to Increasing Data Needs
5.2 Market Restraints
5.2.1 Environmental Concerns about Power Supply Systems to Towers
5.2.2 Tower sharing between Telecom Companies
6. TECHNOLOGY SNAPSHOT
7. MARKET SEGMENTATION
7.1 By Ownership
7.1.1 Operator-owned
7.1.2 Private-owned
7.1.3 MNO Captive sites
7.2 By Installation
7.2.1 Rooftop
7.2.2 Ground-based
7.3 Fuel Type
7.3.1 Renewable
7.3.2 Non-renewable
8. COMPETITIVE LANDSCAPE
8.1 Company Profiles
8.1.1 Edotco Bangladesh Co. Ltd
8.1.2 Bangladesh Telecommunications Company Limited
8.1.3 Robi Axiata Limited
8.1.4 Grameenphone Limited
8.1.5 Teletalk Bangladesh Ltd
8.1.6 Summit Communications Ltd
8.1.7 NOVOTEL LIMITED
8.1.8 BDCOM Online Ltd
8.1.9 Link3 Technologies Ltd
- *List Not Exhaustive
9. INVESTMENT ANALYSIS
10. FUTURE MARKET OUTLOOK
Bangladesh Telecom Towers Industry Segmentation
Telecommunication towers encompass a variety of structures, such as monopoles, tripoles, lattice towers, guyed towers, self-supporting towers, poles, masts, and other similar forms. These towers, equipped with one or more telecommunication antennas, facilitate radio communications. They can be situated on the ground or atop a building's rooftop and often include storage for equipment and electronic components.
The Bangladeshi telecom towers market is segmented by ownership (operator-owned, private-owned, and MNO captive sites), installation (rooftop and ground-based), and fuel type (renewable and non-renewable). The market size and forecasts are provided in terms of installed base (thousand units) for all the above segments.
| By Ownership | |
| Operator-owned | |
| Private-owned | |
| MNO Captive sites |
| By Installation | |
| Rooftop | |
| Ground-based |
| Fuel Type | |
| Renewable | |
| Non-renewable |
Bangladesh Telecom Towers Market Research FAQs
How big is the Bangladesh Telecom Towers Market?
The Bangladesh Telecom Towers Market size is expected to reach 44.26 thousand units in 2024 and grow at a CAGR of 1.68% to reach 48.11 thousand units by 2029.
What is the current Bangladesh Telecom Towers Market size?
In 2024, the Bangladesh Telecom Towers Market size is expected to reach 44.26 thousand units.
Who are the key players in Bangladesh Telecom Towers Market?
Edotco Bangladesh Co. Ltd., Bangladesh Telecommunications Company Limited, Robi Axiata Limited, Grameenphone Limited and Teletalk Bangladesh Ltd are the major companies operating in the Bangladesh Telecom Towers Market.
What years does this Bangladesh Telecom Towers Market cover, and what was the market size in 2023?
In 2023, the Bangladesh Telecom Towers Market size was estimated at 43.52 thousand units. The report covers the Bangladesh Telecom Towers Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Bangladesh Telecom Towers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Bangladesh Telecom Towers Industry Report
Statistics for the 2024 Bangladesh Telecom Towers market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Bangladesh Telecom Towers analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
