French competition watchdog approves Cellnex's acquisition of Hivory with conditions

Tuesday 26 October 2021 | 09:32 CET | News
France's competition authority has conditionally approved the acquisition of tower venture Hivory by infrastructure operator Cellnex Telecom, originally announced in early February. Owned by Altice France and Starlight Holdco, Hivory manages a footprint of 10,500 towers that mainly serve Altice subsidiary SFR as anchor tenant. Cellnex is present in the French passive infrastructure market with approximately 9,000 mobile cell sites, following previous acquisition deals for tower assets used by SFR's rivals Bouygues Telecom and Free Mobile.

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Categories: Mobile & Wireless
Companies: Altice France / Cellnex / SFR
Countries: France
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