September 20, 2020

The crisis and 5G trigger the “fever” for telecommunications towers


Madrid

Updated:

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The instability derived from the impact of Covid-19 on the economy and the deployment of 5G are accelerating the operations planned by European telecoms in recent months around telecommunications towers. Vodafone announced on July 24 the IPO of its Torres subsidiary (Vantage Towers), which has 68,000 locations in eight European markets (including Spain), early next year. A few weeks before, Telephone it was going ahead and selling 10,100 towers of its German subsidiary to Telxius (jointly owned with KKR and Pontegadea) for 1,500 million euros. For its part, Orangereported in December of its intention to unbundle all its activity related to mobile phone towers in Europe to group them

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