February 26, 2021

Cellnex will acquire 100% of Hivory and will add 10,500 sites in France


Madrid

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The Spanish group Cellnex has reached an exclusivity agreement with Altice France and Starlight Holdco for the acquisition of 100% of Hivory in France, the telecommunications tower operator that manages the 10,500 sites that mainly serve SFR. The agreement represents an investment of 5,200 million euros for Cellnex, which will be accompanied by an eight-year program seen by others 900 million euros allocated to the deployment, among other projects, of up to 2,500 new sites.

Tobías Martínez, CEO of Cellnex, has underlined “the relevance of an agreement that highlights the reason for the business model of neutral and independent telecommunications infrastructure operators. With the acquisition of

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