Valuations remain high and opportunities, relatively scarce, in the telecom investment sector in 2022, according to Michael Obhof, managing director for the U.S. Infrastructure Team at Ardian. In an interview published in the June issue of Institutional Investing in Infrastructure, Obhof notes that ground-lease aggregation is a compelling opportunity within the sector, as well as infrastructure that can reach a variety of property subsectors. “For example,” he explains, “if you are building fiber, you may be able to capture fiber-to-the-tower revenues, enterprise revenues and/or fiber-to-the-small-cell revenues. Businesses that think beyond a singular focus and consider the broader revenue opportunities that exist in the space are likely to outperform, moving forward.” To access a pdf of the Sponsored Section, click here.
