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Cellnex Telecom Reports Strong Financial Performance and Strategic Shift in 2023

Cellnex Telecom Reports Strong Financial Performance and Strategic Shift in 2023
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United Kingdom , Anne Bouverot , Marco Patuano , Boldyn Networks , Cellnex Telecom , French Competition Authority , France To Phoenix Tower International , Bouygues Telecom , Cellnex Board , Phoenix Tower International , French Competition , Cellnex Sweden , Cellnex Denmark ,

Stonepeak buys stake in Cellnex Nordics

The alternative investment firm Stonepeak has completed the acquisition of a 49% interest in Cellnex Sweden and Cellnex Denmark (“Cellnex Nordics”) for a total value of around €730 million, of which €558 million is recognised upfront. Cellnex Nordics provides colocation services to mobile network operators for their wireless networking equipment. The Cellnex Nordics network currently… ....

Chris Dziadul , Marco Patuano , London By Chris , Cellnex Sweden , Cellnex Denmark , Cellnex Nordics , Cyrus Gentry ,

Stonepeak Completes Acquisition of 49% Interest in Cellnex Nordics

Stonepeak Completes Acquisition of 49% Interest in Cellnex Nordics
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Hong Kong , United States , United Kingdom , New South Wales , New York , City Of , Marco Patuano , Cellnex Telecom , Baker Mckenzie , Nomura International Plc , Herbert Smith Freehills , Completes Acquisition , Cellnex Sweden , Cellnex Denmark , Cellnex Nordics , Stonepeak Managing Director , International Plc , Guggenheim Securities ,

Cellnex sells stake in units in Sweden, Denmark for $772 mln to Stonepeak, ET Telecom

Earlier this year, Cellnex said it was shifting its strategy away from the aggressive acquisition of mobile phone mast networks that made it one of the top players in Europe to focus instead on reducing its debt and obtaining an investment grade from the main rating agencies by the end of next year. ....

Alex Mestre , Herbert Smith Freehills , Vincent Cuvillier , Simone Battiferri , Guggenheim Securities , Cellnex Denmark , Elecom News ,