Cellnex Telecom, the aggressively expansionist Spanish mobile tower company, is increasing its presence in the Netherlands through a new mobile tower venture with Deutsche Telekom (DT).
The move, which follows the recent closure of Cellnex s acquisition of CK Hutchison s telecommunications tower assets in Austria, Denmark and Ireland, will create what the two partners describe as the leading independent telecommunications tower company in the Netherlands.
Furthermore, Cellnex and DT are creating a new and independently managed fund called Digital Infrastructure Vehicle (DIV), which will be headed up by Vicente Vento, the co-founder of Deutsche Telekom Capital Partners (DTCP).
Towering over: Cellnex says the tie-up with DT will create the the leading independent telecommunications tower company in the Netherlands. (Source: Cellnex)