0
Wireless

Sunrise completes tower sale, pays down debt

Friday 4 August 2017 | 16:48 CET | News
Swiss operator Sunrise announced it has completed the sale of Swiss Towers to a consortium led by Cellnex Telecom and including Swiss Life Asset Managers and Deutsche Telekom Capital Partners for CHF 500 million, following receipt of the necessary merger control clearance as well as fulfilment of all the other closing conditions. The deal was first announced on 24 May. 

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. 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 / Deutsche Telekom / Sunrise
Countries: Switzerland
::: 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

Sunrise sees revenues up 2% in Q2, raises FY guidance

Published 23 Aug 2018 11:36 CET | Switzerland
Swiss operator Sunrise said revenues rose 2.0 percent in the second quarter of 2018 to CHF 462 million, driven by an increase in ...

Sunrise refinances debt

Published 08 Jun 2018 10:36 CET | Switzerland
Sunrise Communications Group is refinancing its outstanding debt. Sunrise has mandated BNP Paribas, Deutsche Bank, DNB and ...

Ebitda Freenet omhoog in Q1, handhaaft outlook FY 2018

Published 04 May 2018 15:43 CET | Germany
De Duitse operator Freenet meldt een lagere omzet als gevolg van de nieuwe richtlijn IFRS 15. Zonder die effecten steeg de omzet ...

Sunrise Q3 revenues, EBITDA down on lower MTR, towers disposal

Published 09 Nov 2017 12:42 CET | Switzerland
Swiss operator Sunrise posted Q3 revenues of CHF 460 million, 3.7 percent lower than in Q3 2016. The company said revenues fell ...

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, Bouygues in new EUR 170 mln towers deal

Published 28 Jul 2017 08:30 CET | France
Spanish operator Cellnex Telecom has reached a new agreement with Bouygues Telecom to add a further 600 new sites to its French ...

Cellnex buys Wind stake in Italian towers business - report

Published 06 Jul 2017 17:59 CET | Italy
Spanish network infrastructure operator Cellnex has bought out Wind's stake in its Italian subsidiary Galata, El Economista ...

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 ...





Calendar   /   Industry Events

20 Feb Axiata Q4 2019
20 Feb Bouygues Q4 2019
20 Feb Starhub Q4 2019
20 Feb Windstream Q4
20 Feb Commscope Q4 2019
20 Feb SBA Communications Q4 2019
20 Feb Interdigital Q4 2019
20 Feb Liberty Latin America Q4 2019
20 Feb Telefonica Q4 2019
20 Feb Fitbit Q4 2019
20 Feb Consolidated Communications Q4 2019
20 Feb Intelsat Q4 2019
20 Feb EchoStar Q4 2019
20 Feb OTE EGM
21 Feb Proximus Q4 2019
21 Feb Vodafone Iceland Q4 2019
21 Feb Digi Communications FY results
21 Feb TDS, US Cellular Q4 2019
21 Feb Megacable Q4 2019
24 Feb Palo Alto Networks fiscal Q2
24 Feb Arlo Q4 2019
25 Feb Infinera Q4 2019
25 Feb Iridium Q4 2019
25 Feb Millicom Q4 2019
25 Feb American Tower Q4 2019
25 Feb Utility Telecoms 2020
26 Feb Box Q4 2019
26 Feb Orbcomm Q4 2019
26 Feb Sina Q4 2019
26 Feb Weibo Q4 2019
::: More Calendar Items