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Cellnex expands to Portugal with takeover of Meo towers

2020-01-03 08:46:00| Telecompaper Headlines

(Telecompaper) Cellnex is expanding to Portugal with an agreement to acquire the towers operator Omtel, owned by Altice Europe and Belmont Infra Holding, for EUR 800 million. Omtel operates around 4,000 sites across Portugal, and the acquisition includes the roll-out of 400 sites in the next four years. 

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