{"id":6918,"date":"2020-04-14T10:00:22","date_gmt":"2020-04-14T10:00:22","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=277046"},"modified":"2020-04-14T10:00:22","modified_gmt":"2020-04-14T10:00:22","slug":"cellnex-deepens-europe-footprint-with-nos-deal","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2020\/04\/14\/cellnex-deepens-europe-footprint-with-nos-deal\/","title":{"rendered":"Cellnex deepens Europe footprint with Nos deal"},"content":{"rendered":"

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\tInfrastructure company Cellnex reached an agreement to acquire 2,000 telecommunications sites from Portugal operator Nos, in a deal worth \u20ac375 million which further boosts its presence in the country.<\/p>\n

In a statement, Cellnex said the agreement would see it take a 100 per cent stake in Nos Towering, the operator\u2019s infrastructure business, giving it ownership of its portfolio of towers and rooftop antennas.<\/p>\n

Going forward, Cellnex said it would spend up to \u20ac175 million in Nos Towering on around 400 new sites and \u201cother agreed initiatives\u201d over the next six years.<\/p>\n

The deal is still subject to administrative and regulatory approvals.<\/p>\n

With the transaction, Cellnex projected its backlog of future sales contracted will grow by \u20ac2 billion to \u20ac46 billion and, once the assets are fully integrated and new sites deployed, it expects to generate additional EBITDA of \u20ac50 million.<\/p>\n

Nos, which operates mobile, fixed-line and satellite services in Portugal, signed an initial 15-year contract, extendable by another 15 years, to continue to use the sites, locating its voice and data signal transmission equipment there.<\/p>\n

The deal comes four months after Cellnex struck an \u20ac800 million deal [1] to acquire Portuguese tower operator Omtel, assuming control of 3,000 sites in the country.<\/p>\n

In total, Cellnex said it would operate more than 60,000 sites across Europe once the deal for Nos Towering closes, with 6,116 sites in Portugal.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/cellnex-strikes-e800m-portugal-tower-deal\/<\/p>\n\n

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Infrastructure company Cellnex reached an agreement to acquire 2,000 telecommunications sites from Portugal operator Nos, …<\/p>\n

The post Cellnex deepens Europe footprint with Nos deal<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":247,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"Cellnex deepens Europe footprint with Nos deal - ITTeacherITFreelance.hk","description":"Infrastructure company Cellnex reached an agreement to acquire 2,000 telecommunications sites from Portugal operator Nos, ... The post Cellnex deepens Europe fo"},"footnotes":""},"categories":[11,8],"tags":[2144,2145],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/6918"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/247"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=6918"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/6918\/revisions"}],"predecessor-version":[{"id":6919,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/6918\/revisions\/6919"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=6918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=6918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=6918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}