Announced
Financials
Sources
Tags
internet connectivity
Spain
electronic mail
Internet
Pending
Majority
Friendly
cellular network
Single Bidder
Acquisition
Domestic
Private
Synopsis
Cellnex, an operator of wireless telecommunications infrastructures, agreed to acquire a 60% stake in Metrocall, an operator responsible of the design, development, management and operation of the cellular network of Metro de Madrid, from Indra, a technology and consulting company. Financial terms were not disclosed. With this acquisition, Cellnex reinforces the portfolio of telecommunications infrastructures that manages for transport networks and suburban environments.
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