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Wireless

Entel sells 3,242 Chile and Peru antennas to American Tower for USD 772 mln

Monday 23 December 2019 | 10:53 CET | News
Chilean operator Entel has sold 3,242 of its towers in Chile and Peru to American Tower for a total of USD 772 million, reports La Tercera, citing a statement filed with Chilean financial market regulator CMF. The transaction involves 1,980 sites in Chile and 1,262 in Peru, equivalent to 40 percent and 64 percent of Entel's total in each country, and also includes a long-term lease contract to ensure the operational continuity of services.

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Categories: Mobile & Wireless
Companies: American Tower / Entel
Countries: Chile / Peru
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