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Wireless

Phoenix Tower acquires Brazilian tower operator T4U

Tuesday 16 June 2015 | 09:51 CET | News
Phoenix Tower International has announced the acquisition of Brazilian wireless tower operator T4U Holding Brasil, which operates around 500 antenna sites. Although the exact terms of the transaction weren't disclosed, the acquisition is to be structured as a merger of T4U into Phoenix Tower's existing Brazilian tower business. The combined businesses will operate under the name Phoenix Tower do Brasil, which will own and operate 529 wireless infrastructure assets with a pipeline of over 250 wireless towers under construction for all of the major mobile operators in Brazil.

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Categories: Mobile & Wireless
Companies: Phoenix Tower International / T4U
Countries: Brazil
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