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Wireless

Phoenix Towers closes acquisition of El Towers portfolio

Wednesday 5 May 2021 | 14:40 CET | News
Phoenix Tower International has closed its acquisition of TowerTel, the mobile towers unit of Italy's El Towers, for around EUR 535 million. TowerTel owns or operates around 2,400 towers throughout Italy and also has exclusive marketing and leasing rights covering more than 1,600 sites owned by EI Towers, resulting in a total potential portfolio of more than 4,000 sites.

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Categories: Mobile & Wireless
Companies: EI Towers / Mediaset / Phoenix Tower International
Countries: Italy
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