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New Deal


Announced

Completed

Cellnex completed the acquisition of EDZCOM from Ukkoverkot.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Telecommunications Services: Other

Single Bidder

Finland

Private

Completed

edge connectivity

Acquisition

Friendly

telecommunication services

Majority

Cross Border

Synopsis

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Cellnex, a telecommunication company, completed the acquisition of EDZCOM, a wireless telecommunications infrastructure services provider, from Ukkoverkot, a telecom company. Financial terms were not disclosed. “EDZCOM is a growth company with an expert team. Cellnex, with their impressive footprint and capabilities, provides us with access to growth capital and new markets. The complementarity of our businesses promises strong opportunities for vertical integration,” Mikko Uusitalo, EDZCOM CEO.

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