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General

Cellnex agrees to buy Arqiva's telecom division for GBP 2 bln

Tuesday 8 October 2019 | 09:13 CET | News
Spanish infrastructure operator Cellnex Telecom has announced a deal to acquire the telecommunications division of UK media and communications infrastructure and services group Arqiva for around GBP 2.0 billion, confirming earlier reports. The transaction involves the acquisition of some 7,400 owned sites and the rights to market around 900 additional sites throughout the UK, said Cellnex, adding that it will become the largest independent operator of wireless infrastructure in the UK if the deal is cleared by the antitrust authorities.

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Categories: General
Companies: Arqiva / Cellnex
Countries: Spain / United Kingdom
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