Cellnex Portugal, by means of its wholly-owned subsidiary ON Tower Portugal, has notified the Portuguese Competitors Authority (AdC) of its plans to accumulate six macro-sites from Nos Expertise. These websites shall be used to offer passive infrastructure for cell telecommunications networks.
Additionally Learn: Cellnex Sells Austrian Tower Operations to Consortium for EUR 803 Million
Cellnex Portugal and its Mum or dad Firm
Cellnex Portugal is, in flip, a Portuguese subsidiary wholly owned by Cellnex Telecom, an organization headquartered in Spain that operates passive wi-fi infrastructure in a number of European international locations.
Websites in Portugal
By way of its subsidiary ON Tower Portugal, Cellnex already manages roughly 6,400 websites throughout the nation. Its macro-sites and micro-sites in Portugal are operated by OMTEL and Towerlink Portugal, Unipessoal, Lda, in line with the AdC submitting.
No monetary or different particulars had been disclosed. The transaction is pending approval by the Portuguese Competitors Authority.
Additionally Learn: Phoenix Tower Worldwide to Construct 1,900 New Telecom Websites for Iliad in Italy
Particulars of the 2020 Take care of NOS
The deal expands on Cellnex’s April 2020 settlement with Portuguese cell operator NOS, which noticed Cellnex purchase 100% of NOS’s tower portfolio, protecting roughly 2,000 websites, and contains an settlement to extend the portfolio by as much as 400 new websites over the following six years.
