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Cellnex considering stake in Hutchison's EUR 10 bln European tower arm - report

Thursday 16 July 2020 | 14:50 CET | News
Spanish infrastructure operator Cellnex Telecom is mulling the possibility of further increasing its towers portfolio by bidding for a stake in CK Hutchison's European mobile tower business, according to unnamed sources cited by Bloomberg. Cellnex, already the continent's largest towers company with 40,207 operative sites at the end of March, is reportedly in early-stage discussions about acquiring a minority holding in the CK Hutchison portfolio, which could value the unit at around EUR 10 billion.

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Categories: Mobile & Wireless
Companies: Cellnex / CK Hutchison
Countries: Europe / Spain
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