0
Wireless

Spain's Cellnex closes second phase of Bouyges towers deal

Friday 2 December 2016 | 08:47 CET | News
Spanish infrastructure operator Cellnex Telecom has announced that it has closed the second phase of the agreement to acquire a package of mobile telecommunications towers in France from Bouygues Telecom. After acquiring 230 towers for EUR 80 million in July, Cellnex has now incorporated a further 270 towers for EUR 67 million, resulting in a total of 500 for EUR 147 million. The Spanish operator said it expects to fully integrate the towers sometime in mid-2017 and the acquired portfolio should provide revenues of around EUR 13 million in the first 12 complete months.

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: Bouygues Telecom / Cellnex
Countries: France / Spain
::: add a comment

Comments

Forgot the second u in Bouygues
Nick Spiro @ 6/12/2016 - 00:32


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

Cellnex revenues up 12% to EUR 381 mln in H1, EBITDA up 26%

Published 28 Jul 2017 08:49 CET | Europe
Spanish operator Cellnex Telecom reported revenues of EUR 381 million in the first half of 2017, up 12 percent on the ...

Cellnex acquires 2,239 towers from Sunrise for EUR 430 mln

Published 24 May 2017 08:44 CET | Switzerland | Update: 24 May 2017 13:20 CET
Spanish operator Cellnex Telecom has announced the creation of a consortium to acquire 100 percent of Swiss Towers AG, a ...

Cellnex, Bouygues reach EUR 854 mln French towers deal

Published 01 Feb 2017 08:53 CET | France
Spanish infrastructure operator Cellnex Telecom has reached a new agreement with Bouygues Telecom to add 3,000 sites to its ...

Spain's Cellnex pulls out of bidding for France's FPS Towers

Published 19 Dec 2016 13:59 CET | France
Spanish infrastructure operator Cellnex Telecom has decided to pull out of the bidding for French mast operator FPS Towers, ...

Cellnex, Linkem sign Italian towers deal

Published 15 Dec 2016 09:09 CET | Italy
Spanish infrastructure operator Cellnex Telecom has announced a deal with Italian broadband provider Linkem to provide access to ...

Cellnex renews support for Spanish and Italian Red Cross

Published 06 Dec 2016 09:23 CET | Italy
Spanish infrastructure operator Cellnex Telecom has announced that its Christmas 2016 corporate donation will be handed out to ...

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 places initial bid for FPS Towers

Published 17 Oct 2016 10:47 CET | France
Spanish infrastructure operator Cellnex Telecom has placed an initial bid for French mast operator FPS Towers, reports Les Echos ...

Cellnex, Accenture, Engie win Barcelona smart city contract

Published 13 Oct 2016 15:53 CET | Spain
Cellnex Telecom has announced that its CIMO joint venture set up with Accenture and utility Engie has won a 30-month contract to ...

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 ...

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 ...

Cellnex H1 revenues rise 18 percent

Published 29 Jul 2016 16:17 CET | Italy
Spanish infrastructure operator Cellnex Telecom, a subsidiary of construction company Abertis, reported revenues of EUR 338 ...

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 ...

Spain's Cellnex buys 261 mobile towers in the Netherlands

Published 30 May 2016 09:39 CET | Netherlands
Spanish infrastructure operator Cellnex Telecom has announced an agreement to acquire the 261 mobile telecommunications towers in ...





Calendar   /   Industry Events

22 Sep BIG 5G Event
23 Sep Submarine Networks Wold 2020
23 Sep China SDN/NFV/AI Conference
23 Sep Samsung Galaxy Unpacked event
28 Sep Open Networking & Edge Summit
28 Sep The Edge Event
29 Sep Micron Technology fiscal Q4
29 Sep Tech & Politics Forum by FT-ETNO
29 Sep VMworld
29 Sep ConnecTechAsia
::: More Calendar Items