0
Wireless

Cellnex confirms acquisition of remaining Galata stake

Tuesday 8 August 2017 | 14:54 CET | News
Spanish network infrastructure operator Cellnex has announced the acquisition of the remaining 10 percent stake in its Italian subsidiary Galata from Wind, confirming earlier reports. No financial details were disclosed although market sources previously indicated that Cellnex paid around EUR 87 million for the additional stake. The Spanish operator became the largest independent operator of wireless infrastructure in Italy in 2015 when it acquired Galata and its 7,377 towers from Wind for EUR 693 million.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Cellnex
Countries: Italy / Spain
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Cellnex revenues up 16% to EUR 439 mln in H1, EBITDA up 20%

Published 27 Jul 2018 09:16 CET | Spain
Spanish operator Cellnex Telecom reported revenues of EUR 439 million in the first half of 2018, up 12 percent on the ...

Cellnex sales climb 12% in 2017 as sites grow 25% YoY

Published 16 Feb 2018 10:35 CET | Europe
Spanish operator Cellnex Telecom reported full-year revenues of EUR 792 million in 2017, up 12 percent on the year-earlier ...

Cellnex receives EUR 100 mln EIB loan for mobile broadband rollout

Published 06 Dec 2017 10:17 CET | Italy
Spanish operator Cellnex Telecom has received a EUR 100 million loan from the European Investment Bank (EIB) to help fund the ...

Spain's Cellnex opens new French HQ

Published 24 Nov 2017 11:56 CET | France
Spanish operator Cellnex Telecom has inaugurated a new office in Sevres near Paris to serve as its French headquarters. The ...

Cellnex to convert Barcelona's Parcmotor Castelloli into connected circuit

Published 25 Oct 2017 15:02 CET | Spain
Spanish operator Cellnex has announced a deal to convert the Parcmotor track in Castelloli near Barcelona into a truly connected ...

Spain's Cellnex and Abertis latest to relocate from Barcelona to Madrid

Published 10 Oct 2017 08:28 CET | Spain
Spanish operator Cellnex Telecom and infrastructure giant Abertis are the latest companies to announce their decision to relocate ...

Cellnex awarded Spanish maritime safety system contract

Published 28 Sep 2017 15:25 CET | Spain
Cellnex Telecom announced that Spain's public works ministry awarded it the contract to provide communications services for the ...

Spain's Cellnex acquires Dutch tower operator Alticom for EUR 133 mln

Published 04 Sep 2017 14:44 CET | Netherlands
Spanish operator Cellnex has announced the acquisition of Dutch telecommunications infrastructure company from Infracapital for ...

Cellnex revenues up 12% to EUR 381 mln in H1, EBITDA up 26%

Published 28 Jul 2017 08:49 CET | Europe
Spanish operator Cellnex Telecom reported revenues of EUR 381 million in the first half of 2017, up 12 percent on the ...

Cellnex buys Wind stake in Italian towers business - report

Published 06 Jul 2017 17:59 CET | Italy
Spanish network infrastructure operator Cellnex has bought out Wind's stake in its Italian subsidiary Galata, El Economista ...

Cellnex closes acquisition of Wind's Italian tower unit

Published 27 Mar 2015 09:55 CET | Italy
Cellnex Telecom, the recently rebranded telecoms subsidiary of Spanish infrastructure company Abertis, has announced the closure ...





Calendar   /   Industry Events

23 Feb RSA Conference
25 Feb Infinera Q4 2019
25 Feb Iridium Q4 2019
25 Feb Millicom Q4 2019
25 Feb American Tower Q4 2019
25 Feb Utility Telecoms 2020
26 Feb Crown Castle Q4 2019
26 Feb Syn Q4 2019
26 Feb Avast FY results
26 Feb Orbcomm Q4 2019
26 Feb Box Q4 2019
26 Feb Sina Q4 2019
26 Feb Weibo Q4 2019
26 Feb Shentel Q4 2019
27 Feb Zoom Telephonics Q4 2019
27 Feb Telesat Q4
27 Feb Dell Technologies fiscal Q4
27 Feb VMware fiscal Q4
27 Feb Cogent Communications Q4 2019
27 Feb Cable One Q4 2019
27 Feb Neophotonics Q4 2019
27 Feb Baidu Q4 2019
27 Feb Netia Q4 2019
27 Feb Sunrise Q4 2019
27 Feb Interxion EGM
28 Feb Masmovil Q4 2019
28 Feb Tecnotree FY 2019
28 Feb Freenet Q4 2019
02 Mar Boingo Wireless Q4 2019
02 Mar GTT Q4 2019
::: More Calendar Items