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Wireless

Cellnex places initial bid for FPS Towers

Monday 17 October 2016 | 10:47 CET | News
Spanish infrastructure operator Cellnex Telecom has placed an initial bid for French mast operator FPS Towers, reports Les Echos quoting Cellnex's CEO Tobias Martinez. Private equity firm Antin Infrastructure Partners is considering a sale of FPS Towers and will reportedly assess initial bids for the business in early November. According to Les Echos, interested buyers will be invited to place binding offers in December and a final sale could be agreed by early 2017. FPS Towers manages approximately 2,500 masts and 20,000 rooftop sites.

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Categories: Mobile & Wireless
Companies: Cellnex / FPS Towers
Countries: France / Spain
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