Business View Magazine - September 2015

34 Business View - September 2015 Business View - September 2015 35 Helping Infrastructure Partners Achieve Goals Phoenix Tower International bullish on Latin America opportunity Phoenix Tower International’s mission since its cre- ation in 2013 has been to own/operate high-quality wireless infrastructure sites in stable markets experi- encing strong wireless usage growth, and its current expansion initiatives are focused on Central and South America and the United States. The company’s founder and chief executive officer, Dagan Kasavana, had been senior vice president of mergers and acquisitions at Global Tower Partners, up until that business was sold to the American Tower Corporation late in 2013. But rather than taking the chance to disconnect when the transaction was final- ized, he was so convinced of the market’s long-term vitality that he kept right on working. “I really felt like the wireless growth was going to con- tinue for five or 10 years more, unabated, both in the United States and especially in Latin America,” he said. “So, when we sold the business to American Tow- er, I didn’t want to go to the beach and enjoy a vaca- tion. I really wanted to get right back into it because I felt there was so much opportunity out there that had been undeveloped.” And when he said “right back into it,” yes, he really meant it. Kasavana started the new operation the day after the American Tower deal was completed, and immediately went about raising funds to support their corporate vi- sion of having a multinational tower owner/operator that would work with developers to build towers across Latin America and the United States. The intense capital-seeking period lasted about six months, Kasavana said, and yielded a group of well- heeled investors able to immediately assist with an aim toward aggressively attacking the market and its wireless growth opportunities. A series of transactions followed in which the new enterprise acquired a series of available businesses to bolster its complement of services. Perhaps most notable among the moves was a Sep- tember purchase of American Tower’s roster of 60 telecommunications sites in Panama, which included a mix of towers in urban and suburban locations that are occupied by all of the country’s major wireless car- riers. “We got a great deal done,” Kasavana said. “With this latest acquisition, Phoenix Tower further establishes itself as a premier site provider to our wireless cus- tomers across Latin America. Panama represents a vibrant wireless market with four major multinational operators and is one of the fastest-growing economies in Latin America.” 1750 ATTORNEYS | 36 LOCATIONS WORLDWIDE˚ RANDY A. BULLARD | CHAIR, MIAMI CORPORATE & SECURITIES PRACTICE 333 SE 2ND AVENUE | SUITE 4400 | MIAMI, FL 33131 | 305.579.0500 The global marketplace is changing at light speed. So is the law. That’s why businesses expect lawyers who can innovate and navigate change. We’ve built a firm of 1750 lawyers in more than 30 locations that is focused on delivering efficiency and value in legal services. Around the Corner, Across the World Greenberg Traurig is a service mark and trade name of Greenberg Traurig, LLP and Greenberg Traurig, P.A. ©2014 Greenberg Traurig, LLP. Attorneys at Law. All rights reserved. °These numbers are subject to fluctuation. Images in this advertisement do not depict Greenberg Traurig attorneys, clients, staff or facilities. 24515 G R E E N B E R G T R A U R I G , L L P | A T T O R N E Y S A T L A W | W W W . G T L A W . C O M Construction Construction