Joining the rush to carve out and monetize towers, Latin American mobile group Millicom International Cellular says it is on track with plans to create a towerco by the end of next year. Some analysts believe Millicom has missed the boat in terms of maximum valuation for the towers, amid fears that, in the current economic climate, capital for infrastructure M&A may be less available. On the other hand, physical infrastructure often attracts investment in a time of economic uncertainty as companies seek tangible assets. Millicom CEO Mauricio Ramos said the group, which first set out plans to reorganize its assets in February, was “on track for a late-2023 moment”. He added that the business was “hitting the milestones in…