Information memorandums will be issued this week for the sale of satellite TV infrastructure firm Towercom in Slovakia, SatelliteFinance understands.
A source with knowledge of the deal said first round bidding for the privately-owned group, thought to…
Information memorandums will be issued this week for the sale of satellite TV infrastructure firm Towercom in Slovakia, SatelliteFinance understands.
A source with knowledge of the deal said first round bidding for the privately-owned group, thought to be valued at around €200m (US$279m), will kick off at the start of April.
Towercom is Slovakia’s biggest television network provider, supplying radio, terrestrial and satellite TV services across the country.
Its main satellite distribution partner is SES, using its ASTRA 3A spacecraft that is in an inclined orbit at 23.5E. The company also provides uplink services from stations in Slovakia and the Czech Republic.
Potentially interested parties include US-based investor Alinda Capital Partners, which snapped up Polish telecoms and broadcast infrastructure provider Emitel in December.
Czech towerco České Radiokomunikace, which said in November that it was talking to all three mobile operators in the Czech Republic about buying some of their infrastructure assets, has also been highlighted as a potential suitor, as well as Slovakia’s regional infrastructure funds.
Towercom is understood to have hired Rothschild to run its sale.
The company was able to comment on the speculation before the press deadline.
