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Wireless

Abertis to launch IPO of telecoms business in 2015

Thursday 30 October 2014 | 11:08 CET | News
Spanish infrastructure company Abertis has announced that it intends to spin off and list its telecoms business, Abertis Telecom, in 2015. Abertis said the IPO would allow the unit to raise new funds to finance its growth and international expansion "in a market where there are currently many opportunities, particularly in the European mobile telephone towers segment". Abertis has already expressed an interest in bidding for the 10,000-plus broadcast towers of Telecom Italia once the Italian operator puts them up for sale. The company is also said to be interested in a package of around 40-50

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Categories: Mobile & Wireless
Companies: Abertis Telecom / Telecom Italia / Wind
Countries: Italy / Spain
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