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European towerco M&A continues to snowball with Cellnex’s US$512m Sunrise deal

Connectivity BusinessbyConnectivity Business
May 24, 2017
in Investments, Strategy and Markets
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A consortium led by towerco Cellnex Telecom has agreed to acquire 100% of Swiss mobile network operator Sunrise-controlled Swiss Towers for SFr500m (US$512m). In Cellnex CFO José Manuel Mancho’s recent disclosure to TelecomFinance, he said that his company is keen… A consortium led by towerco Cellnex Telecom (BME:CLNX) has agreed to acquire 100% of Swiss mobile network operator Sunrise (SWX:SRCG)-controlled Swiss Towers for SFr500m (US$512m). The consortium, backed by […]

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Tags: American TowerBouygues TelecomCellnex TelecomDeutsche TelekomEuropeJefferiesPremiumStandard & Poor'sSunriseSwiss Life Asset ManagersSwiss TowersSwisscomTF256
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