0
Wireless

Spain's Cellnex buys 261 mobile towers in the Netherlands

Monday 30 May 2016 | 09:39 CET | News
Spanish infrastructure operator Cellnex Telecom has announced an agreement to acquire the 261 mobile telecommunications towers in the Netherlands managed by Protelindo Netherlands. Cellnex has signed a purchase agreement with Protelindo Luxembourg and Management Tower Europe for the acquisition of 100 percent of the share capital of Protelindo Netherlands for a total of EUR 109 million, said the Spanish operator in a statement to market regulator CNMV. The acquisition will provide an expected EBITDA of around EUR 8 million in 2017, with a conversion ratio of EBITDA into recurrent levered free

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Cellnex / Protelindo / Telecom Italia
Countries: Netherlands / Spain
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Italy's Atlantia bids EUR 16 bln for Hispasat owner Abertis

Published 15 May 2017 14:21 CET | Italy
Italian infrastructure giant Atlantia has launched a cash-and-share offer for Abertis that values the Spanish construction ...

Spain's Cellnex closes second phase of Bouyges towers deal

Published 02 Dec 2016 08:47 CET | France
Spanish infrastructure operator Cellnex Telecom has announced that it has closed the second phase of the agreement to acquire a ...

Cellnex 9-month revenues up 15% to EUR 520 mln

Published 28 Oct 2016 08:51 CET | Italy
Spanish infrastructure operator Cellnex Telecom reported revenues of EUR 520 million in the first nine months of 2016, up 15 ...

Cellnex koopt Shere Group met 464 Nederlandse antennemasten

Published 03 Oct 2016 10:43 CET | Netherlands
De Spaanse infrastructuuroperator Cellnex Telecom maakt bekend dat het een overeenkomst heeft gesloten met het Britse Arcus ...

Spain's Cellnex acquires Shere Group for EUR 393 million

Published 30 Sep 2016 10:39 CET | Netherlands
Spanish infrastructure operator Cellnex Telecom has announced an agreement with UK-based Arcus Infrastructure Partners to acquire ...

Spain's Cellnex closes first phase of Bouyges towers deal

Published 19 Sep 2016 08:53 CET | France
Spanish infrastructure operator Cellnex Telecom has announced that it has closed the first phase of the agreement to acquire a ...

Cellnex to issue EUR 750 mln in 8-year bonds

Published 02 Aug 2016 08:26 CET | Spain
Spanish infrastructure operator Cellnex Telecom has announced the issue of EUR 750 million in bonds maturing in 20214 with a ...

Spain's Cellnex buys 230 towers from Bouyges for EUR 80 mln

Published 11 Jul 2016 10:52 CET | France
Spanish infrastructure operator Cellnex Telecom has announced an agreement to acquire 230 mobile telecommunications towers in ...

Cellnex Telecom joins Spain's Ibex 35 index

Published 10 Jun 2016 09:37 CET | Spain
Spanish infrastructure operator Cellnex Telecom, a subsidiary of construction company Abertis, announced that it will join the ...

Cellnex considering European tower alternatives to Inwit

Published 17 May 2016 09:51 CET | Italy
Spanish infrastructure operator Cellnex Telecom is considering alternative tower acquisitions in Europe in view of the stalled ...

Cellnex revenues up 41% to EUR 165 mln in Q1

Published 22 Apr 2016 15:02 CET | Spain
Spanish infrastructure operator Cellnex Telecom, a subsidiary of construction company Abertis, reported revenues of EUR 165 ...

Telecom Italia confirms 2 binding offers for Inwit stake

Published 18 Mar 2016 11:08 CET | Italy
Telecom Italia has received two binding offers to buy a stake in its Inwit towers division and is currently negotiating with ...

Cellnex, Sirti renew Italian tower maintenance deal

Published 09 Mar 2016 15:05 CET | Italy
Spanish operator Cellnex Telecom, a subsidiary of infrastructure company Abertis, has renewed its maintenance contract with ...

Cellnex-F2i preparing binding Inwit offer - report

Published 03 Mar 2016 10:32 CET | Italy
A consortium made up of Spain's Cellnex Telecom and Italian infrastructure fund F2i is ready to submit a binding offer for a 45 ...

Cellnex to open telecoms "excellence centre" in Rome

Published 01 Mar 2016 16:29 CET | Italy
Spanish operator Cellnex Telecom, a subsidiary of infrastructure company Abertis, has announced plans to open a new "Excellence ...

Cellnex demonstrates 4K HDR DTT signal at MWC

Published 22 Feb 2016 15:07 CET | World
Cellnex Telecom has announced that it will be broadcasting a 4K Ultra High-Definition HDR (High Dynamic Range) DTT signal at its ...

Cellnex FY revenues up 40.5% to EUR 613 mln

Published 19 Feb 2016 14:16 CET | Spain
Spanish operator Cellnex Telecom, a subsidiary of infrastructure company Abertis, reported full-year revenues of EUR 613 million, ...

Cellnex-F2i still favourites to buy Inwit stake - report

Published 22 Jan 2016 08:39 CET | Italy
A consortium made up of Spain's Cellnex Telecom and Italian infrastructure fund F2i remains the favourite to secure a 45 percent ...





Calendar   /   Industry Events

25 Jan Edgeware EGM
25 Jan The Things Conference 2021
26 Jan Verizon Communications Q4 2020
26 Jan F5 Networks fiscal Q1
26 Jan Microsoft fiscal Q2
26 Jan Meetup MENA
27 Jan KPN Q4 2020
27 Jan Extreme Networks fiscal Q2
27 Jan MediaTek Q4 2020
27 Jan Calix Q4 2020
27 Jan Facebook Q4 2020
27 Jan AT&T Q4 2020
27 Jan Corning Q4 2020
27 Jan Uptime
28 Jan Crown Castle Q4 2020
28 Jan Rogers Communications Q4 2020
28 Jan Juniper Networks Q4 2020
28 Jan Comcast Q4 2020
28 Jan Samsung Electronics Q4 2020
28 Jan Skyworks fiscal Q1
28 Jan 8x8 fiscal Q3
29 Jan Charter Communications Q4 2020
29 Jan Telia Q4 2020
29 Jan Ericsson Q4 2020
29 Jan NEC fiscal Q3
::: More Calendar Items