Cellnex to acquire Polkomtel Infrastruktura from Cyfrowy Polsat for €1.6bn.

Cellnex, a Spanish wireless telecommunications infrastructure and services company, agreed to acquire Polkomtel Infrastruktura, the telecommunications infrastructure subsidiary of Cyfrowy Polsat, a Polish DTH platform, for €1.6bn ($1.95bn). "That we celebrate both a long-term strategic partnership with one of the most significant players in the polish telecommunications market, as well as the relevance and strategic value of an agreement which involves two main derivatives. First, it allows Cellnex to rapidly consolidate and reinforce its position in Poland following the recent announcement to acquire towers and sites from Play. Secondly, it exemplifies our commitment to evolving the traditional tower operator model towards an integrated telecommunications infrastructure management model, combining the operation of passive elements (towers) and active elements such as transmission equipment, radio links and fibre-to-the-tower," Tobias Martinez, Cellnex CEO.