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Cellnex to buy Arqiva's telecom division for GBP 2 bln
2019-10-08 09:13:00| Telecompaper Headlines
(Telecompaper) Spanish infrastructure operator Cellnex Telecom has announced a deal to acquire the telecommunications division of UK media and communications infrastructure and services group Arqiva for around GBP 2.0 billion, confirming earlier reports. The transaction involves the acquisition of some 7,400 owned sites and the rights to market around 900 additional sites throughout the UK, said Cellnex, adding that it will become the largest independent operator of wireless infrastructure in the UK if the deal is cleared by the antitrust authorities.
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Category:Telecommunications