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General

Cellnex sales up 11% in Q1, acquires 10,700 new sites in France, Italy and Switzerland

Tuesday 7 May 2019 | 10:51 CET | News
Cellnex announced a deal with Iliad acquire 5,700 sites in France plus 2,200 in Italy for an initial EUR 2 billion. It also signed an agreement with Salt, the third MNO in Switzerland which shares a shareholder in Xavier Niel with Iliad, to add 2,800 sites in Switzerland for around EUR 700 million. The two deals, both of which are expected to close in the second half of the year, also include an agreement to deploy up to 4,000 new sites by 2027 (2,500 in France, 1,000 in Italy and 500 in Switzerland), with a planned phased investment of EUR 1.35 billion. 

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Categories: General
Companies: Cellnex / Iliad / Salt
Countries: France / Italy / Spain / Switzerland
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