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Wireless

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

Thursday 21 June 2018 | 10:04 CET | News
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.

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Categories: Mobile & Wireless
Companies: Altice Europe / PT Portugal / SFR
Countries: Europe / France / Portugal
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