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General

Telefonica signs up Goldman Sachs to handle sale of towers portfolio - report

Monday 14 October 2019 | 08:58 CET | News
Telefonica has hired Goldman Sachs as financial adviser for the proposed sale of around 50,000 sites not owned by its infrastructure unit Telxius, according to unnamed sources cited by Expansion confirming an earlier TMT Finance report. The investment bank will be advising Telefonica on the possible divestment of its stake in CTIL, a joint venture with Vodafone that groups the Spanish operator's UK tower assets, as well as its remaining sites in Spain, Germany, Brazil and Germany. Telefonica currently operates through a portfolio of around 130,000 mast sites globally and owns, directly or

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Categories: General
Companies: Telefonica / Telxius / Vodafone
Countries: Spain / World
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