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EY Announces Dagan T. Kasavana of Phoenix Tower International as an Entrepreneur Of The Year 2020 Florida Award Winner

October 8, 2020

via EY.com

Ernst & Young LLP (EY US) today announced that Dagan T. Kasavana, Chief Executive Officer and Founder of Phoenix Tower International was named an Entrepreneur Of The Year® 2020 Florida Award winner. The Entrepreneur Of The Year Awards program is one of the preeminent competitive awards for entrepreneurs and leaders of high-growth companies. The award recognizes those entrepreneurial leaders who are excelling in overcoming adversity; financial performance; societal impact and commitment to building a values-based company; innovation; and talent management. Dagan T. Kasavana was selected by an independent judging panel. The award was announced through the program’s first-ever virtual awards gala, hosted by Deborah Norville, anchor of Inside Edition, on October 8, 2020.

Founded in 2013, Phoenix Tower International (“PTI”) is the fastest growing global wireless communications infrastructure provider in the world.  PTI owns and operates in excess of 9,000 towers, 986 km of fiber, and over 80,000 other wireless infrastructure and related sites throughout the United States, Latin America, the Caribbean and Europe. PTI’s investors include funds managed by Blackstone and John Hancock.

PTI’s teams in more than 15 countries are devoted to helping their wireless infrastructure partners — customers, sellers, landlords, and communities — achieve their goals. Focused on the principles of unwavering hard work and integrity, team PTI demonstrates this mission every day through the fair and collaborative manner in which they deal with our business partners and the dedicated operation of the wireless infrastructure sites they own and operate.

“I am honored to be recognized by EY with this incredible distinction, which truly belongs to each one of our team members who work tirelessly to drive PTI to new levels of success!  Thanks to them, PTI is unstoppable!”

Since 1986, EY US has honored entrepreneurs whose ingenuity, spirit of innovation and tenacity have driven their companies’ success, transformed their industries and made a positive impact on their communities. Dagan T. Kasavana will go on to become a lifetime member of the esteemed multi-industry community of award winners, with exclusive, ongoing access to the experience, insight and wisdom of fellow alumni and other ecosystem members in over 60 countries — all supported by vast EY resources.

The Entrepreneur Of The Year program has honored the inspirational leadership of entrepreneurs such as:

  • Joe DeSimone of Carbon, Inc.
  • Hamdi Ulukaya of Chobani
  • Chris and Robin Sorensen of Firehouse Subs Restaurant Group Inc.
  • James Park of Fitbit
  • Mindy Grossman of HSN, Inc.
  • Wayne Huizenga of Huizenga Holdings Incorporated
  • Kendra Scott of Kendra Scott LLC
  • Reid Hoffman and Jeff Weiner of LinkedIn
  • Ellen Latham of Orangetheory Fitness
  • Howard Schultz of Starbucks Corporation
  • Justin Wetherill of uBreakiFix
  • Jodi Berg of Vitamix

As a Florida award winner, Dagan T. Kasavana, is now eligible for consideration for the Entrepreneur Of The Year 2020 National Awards. Award winners, as well as the Entrepreneur Of The Year National Overall Award winner, will be announced Thursday, November 19, during a virtual awards gala. The awards are the culminating event of this year’s virtual Strategic Growth Forum®, the nation’s most prestigious gathering of high-growth, market-leading companies. The Entrepreneur Of The Year National Overall Award winner will then move on to compete for the EY World Entrepreneur Of The Year™ Award in June 2021.

Sponsors

Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards are nationally sponsored by SAP America and the Kauffman Foundation.

In Florida, sponsors also include Platinum sponsor, PNC and Silver sponsor, the Orlando Business Journal.

About Entrepreneur Of The Year®

Entrepreneur Of The Year® is the world’s most prestigious business awards program for unstoppable entrepreneurs. These visionary leaders deliver innovation, growth and prosperity that transform our world. The program engages entrepreneurs with insights and experiences that foster growth. It connects them with their peers to strengthen entrepreneurship around the world. Entrepreneur Of The Year is the first and only truly global awards program of its kind. It celebrates entrepreneurs through regional and national awards programs in more than 145 cities in over 60 countries. Winners go on to compete for the EY World Entrepreneur Of The Year™ title. ey.com/us/eoy

About EY Private

As Advisors to the ambitious™, EY Private professionals possess the experience and passion to support private businesses and their owners in unlocking the full potential of their ambitions. EY Private teams offer distinct insights born from the long EY history of working with business owners and entrepreneurs. These teams support the full spectrum of private enterprises including private capital managers and investors and the portfolio businesses they fund, business owners, family businesses, family offices and entrepreneurs. Visit ey.com/private

About EY

EY is a global leader in assurance, tax, strategy, transaction and consulting services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. For more information about our organization, please visit ey.com.

IDB Invest Promotes the Shared Telecommunications Infrastructure Market in Ecuador with Phoenix Tower International

September 17, 2020

via IDBInvest.org

IDB Invest, a member of the IDB Group, provided a $80 million loan to Phoenix Tower International (PTI) to foster the independent market for telecommunications infrastructure in Ecuador and promote a more efficient development of this sector in the country. The transaction will help consolidate a business model based on the shared use of telecommunications towers in the Ecuadorian market.

PTI Ecuador’s shared digital infrastructure model will increase mobile broadband coverage and capacity to different mobile network operators in the country. This increase is especially relevant in the context of the crisis caused by COVID-19, as wireless broadband networks are experiencing a significant increase in digital data consumption and users require reliable systems due to social distancing measures (telecommuting, telemedicine, online classes, etc.).

The project is expected to improve the sector’s productivity, since mobile network operators will be able to develop their mobile networks more efficiently and economically, taking advantage of the project’s existing infrastructure. It will also contribute to reducing the connectivity gap in Ecuador, through the expansion of mobile broadband networks and the reduction of operator costs.

Ecuador has experienced a significant increase in broadband demand due to social distancing measures, indicating the need to close the digital divide so that people living in underserved areas can have access to services through broadband connectivity and people residing in underserved areas can cope with increased data consumption.

This agreement potentially contributes to four of the United Nations Sustainable Development Goals (SDGs): End Poverty (SDG 1), Decent Work and Economic Growth (SDG 8), Industry, Innovation and Infrastructure (OSD 9), and Partnerships for the Goals (SDG 17).

About IDB Invest

IDB Invest, a member of the IDB Group, is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social and environmental development in the region. With a portfolio of $12.1 billion in asset management and 333 clients in 24 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries.

About Phoenix Tower International

Phoenix Tower International (PTI) owns and operates in excess of 9,000 towers, 986 km of fiber and over 80,000 other wireless infrastructure and related sites throughout the United States, Latin America and the Caribbean, and Europe. PTI was founded in 2013 with a mission to be a premier site provider to wireless operators in high-growth markets, and has been one of the world’s fastest growing telecommunications infrastructure companies since its inception. PTI’s investors include funds managed by Blackstone and John Hancock.

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