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American Tower closes Telxius acquisition
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Telefónica cierra por 900 millones el tramo latinoamericano de la venta de torres de Telxius
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Eurobites: Fridman investment vehicle backs UK fiber upstart
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More tower deals have been announced in what has become an increasingly busy market for both buyers and sellers. The latest two deals involve American Tower Corporation (ATC) buying in Latin America and Airtel Africa selling in Tanzania.
According to Reuters, ATC – a major player in the tower market – has now finalised a purchase of 6.2 billion euros (about $7.57 billion) worth of European mobile masts from Telxius, a division of Telefonica. Relevant to the markets covered in these pages, however, is the fact that this is part of a wider deal to acquire over 30,000 t