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Wireless

Altice Portugal sets up new entity for sale of 700 mobile antennas

Monday 23 August 2021 | 13:51 CET | News
Altice Portugal has set up a new entity called Infratower to which it will transfer about 700 mobile telecommunications antennas worth EUR 183.7 million, reports Publico. The transfer is part of a deal with Cellnext Portugal that will invest EUR 209 million in the assets, creating a profit of around EUR 25 million for Altice Portugal.

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Categories: Mobile & Wireless
Companies: Altice Portugal / Cellnex
Countries: Portugal
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