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Cellnex sales up 49% to EUR 358 mln in Q1 following asset acquisitions

2020-05-08 09:22:00| Telecompaper Headlines

(Telecompaper) Spanish operator Cellnex Telecom, Europe's largest mobile towers company, reported revenues of EUR 358 million in the first quarter of 2020, up 49 percent year on year, with EBITDA surging 64 percent to EUR 260 million. Both figures were strongly impacted by the series of asset acquisitions made in 2019 in France and Italy (Iliad), Switzerland (Salt), the UK (BT), Ireland (Cignal) and Spain (Orange), as well as the purchase of OMTEL in Portugal, which closed on 02 January 2020.

Tags: sales eur asset acquisitions

 

Cellnex cleared to buy Arqivas cell sites for 2bn despite Threes protests

2020-04-22 02:00:00| Total Telecom industry news

Today, the Competition and Market’s Authority (CMA) has given Arqiva the go ahead to complete the sale of its UK cell sites to infrastructure giant Cellnex.   The £2 billion was struck last year, including the transfer of 7,400 UK masts…read more on TotalTele.com »

Tags: sites buy cell cleared

 
 

Cellnex acquires Nos towers for EUR 375 million

2020-04-14 13:17:00| Telecompaper Headlines

(Telecompaper) Cellnex has reached an agreement with Portuguese operator Nos for the acquisition of 100 percent of Nos Towering for EUR 375 million. The transaction initially involves around 2,000 telecommunications towers and rooftop sites. 

Tags: nos eur million towers

 

Cellnex continues to snap up European towers, this time from Portuguese operator NOS

2020-04-14 02:00:00| Total Telecom industry news

Cellnex has been acquiring tower infrastructure at an incredible rate in recent months.    In December last year, it purchased 70% of Iliad’s tower businesses in France and Italy – an enormous acquisition, estimated to be in the region of €2 billion…read more on TotalTele.com »

Tags: time nos european continues

 

Cellnex and Bouygues Telecom form 51:49 JV in France to invest in fibre connectivity

2020-02-26 09:57:00| Telecompaper Headlines

(Telecompaper) Cellnex and Bouygues Telecom have agreed to create a joint venture that will deploy and operate a fibre network connecting infrastructure equipment across France. Bouygues Telecom will own 49 percent of the new company, with Cellnex holding 51 percent and 100 percent of economic rights. The JV will invest EUR 1 billion by 2027 to roll out up to 31,500 km of fibre linking infrastructure sites including mobile masts, central offices and edge computing centres.

Tags: form france telecom invest

 

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