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Cellnex purchases OMTEL, adding Portuguese business to its European holdings

2020-01-03 01:00:00| Total Telecom industry news

Infrastructure giant Cellnex has purchased Portuguese towers and sites operator OMTEL for around €800 million.   The deal will see 3,000 sites change hands, comprising around 25% of Portugal’s telecommunication towers, with a further 400 planned for rollout in the next four years…read more on TotalTele.com »

Tags: business european adding purchases

 

Last week in telecoms: Swiss consolidation and bidders for Portuguese fibre

2019-03-04 07:00:00| Telecompaper Headlines

(Telecompaper) The news of Sunrise (-8.5%) buying UPC Switzerland sent its shares down, whereas the selling party, Liberty Global (+0.6%) ended the week up, suggesting that the latter got itself a good deal. Indeed, 25 percent Sunrise shareholder Freenet (+4.5%) said it wouldn't join in Sunrise's rights issue, needed to pay for the cash portion of the takeover, but that shouldn't come as a surpise. It looks like this will not stand in the way of the deal.

Tags: week swiss consolidation portuguese

 
 

UPM Raflatac presents award to Portuguese winemaker

2018-09-17 15:49:00| Label and Narrow Web Breaking News

Rita Rivotti's design for Lés-a-lés was recognized at the Pentawards gala at the Guggenheim in New York.

Tags: award presents portuguese upm

 

Portuguese Cork Association unveils first US TV ad - video

2018-08-16 16:50:00| Daily beverage news and comment - from just-drinks.com

The Portuguese Cork Association has launched its first US TV ad as the industry continues to rebound after deadly fires last year.

Tags: video association portuguese cork

 

Altice to sell stakes in French and Portuguese tower businesses for EUR 2.5 bln

2018-06-21 10:04:00| Telecompaper Headlines

(Telecompaper) Altice Europe has agreed to sell a 49.99 percent stake in its French tower business and a 75 percent stake in its Portuguese tower assets for a total cash consideration of EUR 2.5 billion. The deals, which have been in the making since the beginning of the year, deliver on the group's objective to reduce debt with the disposal of non-core operations.

Tags: sell eur french businesses

 

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