Spain's Cellnex snags Arqiva's telecoms unit for £2bn to become the UK's 'largest' wireless infrastructure operator

Spain's Cellnex snags Arqiva's telecoms unit for £2bn to become the UK's 'largest' wireless infrastructure operator

5 years ago
Anonymous $JavybBYWR5

https://www.theregister.co.uk/2019/10/08/cellnex_telecom_snaps_up_arqiva_for_2bn/

Spanish towerco Cellnex Telecom is set to buy Arqiva's telecoms subdivision for £2bn in a deal it claims will make it the largest independent operator of wireless infrastructure in Blighty.

The acquisition will add around 8,300 sites to Cellnex's portfolio, with the firm also gaining concessions to use street infrastructure in 14 London boroughs as locations for telecom sites.