It involves the sale of some 30,722 telecommunications tower sites in Spain, Germany, Brazil, Peru, Chile, and Argentina
CTIL Vodafone and Telefónica give themselves a free hand to monetize their joint telecommunications towers in the United Kingdom
Telefónica reported this Wednesday that its subsidiary Telxius Telecom has signed an agreement with American Tower Corporation (ATC) to sell its telecommunications tower division in Europe (Spain and Germany) and in Latin America (Brazil, Peru, Chile and Argentina), for 7,700 million euros.
In a relevant event sent to the National Securities Market Commission (CNMV), Telefónica has explained that the aforementioned agreement, which will be paid in cash, establishes the sale of a number of approximately 30,722 telecommunications tower sites and includes two separate and independent transactions (on the one hand, the sale of the business in Europe and, on the other, that of Latin America).
:quality(75)/cloudfront-us-east-1.images.arcpublishing.com/elcomercio/7ODFOJJP25A25KGMCRUMUKPBAY.png)
:quality(75)/cloudfront-us-east-1.images.arcpublishing.com/elcomercio/NPGHRUBPNJF4TL3NDLMWADDM3Y.jpg)
:quality(75)/cloudfront-us-east-1.images.arcpublishing.com/elcomercio/TOQFPYJHXZCHRHBQS4BSMJEISM.jpg)
