Bouygues in talks to sell mobile masts to Antin - report

News Wireless France 5 SEP 2012
Bouygues in talks to sell mobile masts to Antin - report
French building and telecoms conglomerate Bouygues has entered exclusive talks to sell its nearly 2,300 mobile masts to BNP Paribas-backed Antin Infrastructure Partners for around EUR 200 million, Bloomberg reports, citing two people familiar with the matter. An agreement on the sale may be announced in the coming weeks. Bouygues confirmed discussions with Antin, but would not comment on the deal's amount or timing. Sebastien Lecaudey, head of investor relations at Antin, would not comment. Bouygues Telecom, which wants to reduce its debt following its acquisition of LTE spectrum, said on 29 August that it planned to sell its mobile towers and some property assets. It is being advised by Lazard.

Related Articles