PTI Ireland to invest €75M Over The Next 5 Years
Phoenix Tower International (PTI) is doubling down on Ireland. Fresh off its €937 million acquisition of Cellnex’s Irish network and with full CCPC approval secured, the Florida-based tower specialist is preparing to invest €75 million in the Republic over the next five years.
PTI’s chief executive, Dagan Kasavana, says the company plans to build hundreds of new towers, buy more land under its existing sites, and potentially invest further into network infrastructure. With PTI now the largest tower operator in the country, Kasavana sees a “massive” need for new sites—driven by AI, data-heavy applications, and the increasing shift of entertainment, health, education, and transport into wireless delivery.
Being one of ten tower companies in Ireland, PTI acknowledges strong competition, with Vantage Towers as the second-largest player.
The Cellnex approval process required PTI to divest 300 towers and adhere to new CCPC tower-build guidelines. Kasavana stresses the company’s respect for local regulators and notes that the process—while long—was thorough and constructive.
Permitting and electricity connection remain pain points—common across developed markets—but PTI says neither obstacle is slowing its plans. Land scarcity and bureaucracy may extend timelines, but Kasavana views Ireland as well within global norms.
PTI now employs 40 people in Dublin, supporting not just Ireland but parts of its European operations, including strategy, HR, and legal.
Kasavana praises Ireland’s transparent business culture and the advantages of operating within the EU. While regulatory decision-making can be slow across Europe, he says the bloc has been welcoming and supportive of infrastructure investment.
