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Cellnex expands to Portugal with takeover of Meo towers

2020-01-03 08:46:00| Telecompaper Headlines

(Telecompaper) Cellnex is expanding to Portugal with an agreement to acquire the towers operator Omtel, owned by Altice Europe and Belmont Infra Holding, for EUR 800 million. Omtel operates around 4,000 sites across Portugal, and the acquisition includes the roll-out of 400 sites in the next four years. 

Tags: portugal towers expands takeover


Iliad completes EUR 2 bln sale of mobile towers to Cellnex

2019-12-24 10:16:00| Telecompaper Headlines

(Telecompaper) Iliad has announced the completion of its deal with Spanish infrastructure operator Cellnex Telecom, unveiled on 07 May. The telecom group has sold 70 percent of the subsidiary managing its mobile towers in France and 100 percent of the company managing its passive infrastructure in Italy, receiving from Cellnex an initial cash consideration of EUR 2 billion.

Tags: to sale mobile eur


Telefonica sells 2,029 towers in Ecuador and Colombia to Phoenix Tower for EUR 290 million

2019-12-24 08:58:00| Telecompaper Headlines

(Telecompaper) Telefonica has continued its strategy of monetising infrastructure assets by selling 2,029 towers in Ecuador and Colombia to Phoenix Tower International (PTI) for around EUR 290 million. In total, Telefonica Ecuador sold 1,408 towers for EUR 202 million while Telefonica Colombia sold a further 621 towers for EUR 87 million, complementing other tower disposals executed earlier in the year.

Tags: eur million colombia phoenix


Reliance Jio confirms deal to sell 130,000 towers to Brookfield for USD 3.7 bln

2019-12-16 14:00:00| Telecompaper Headlines

(Telecompaper) India's Reliance Industries has confirmed a deal to sell the towers network of its mobile unit Jio to Brookfield Infrastructure Partners. After a preliminary agreement in June, the companies announced a definitive contract for the acquisition of approximately 130,000 communication towers by Brookfield for USD 3.7 billion (INR 252.15 billion).

Tags: sell deal usd reliance


Telxius agrees to acquire 1,909 Brazil towers from Vivo

2019-11-29 09:21:00| Telecompaper Headlines

(Telecompaper) Telefonica's infrastructure subsidiary Telxius has announced an agreement to acquire 1,909 towers in Brazil from the group's local unit Telefonica Brasil (Vivo) for a total of BRL 641 million (around EUR 140 million). The deal, subject to approvals from Brazil's antitrust authority CADE, will double the size of Telxius in Brazil to 3,850 owned sites, consolidating its position as one of the main neutral infrastructure operators in the country.

Tags: brazil vivo acquire agrees


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