Announced
Completed
Financials
Sources
Tags
Single Bidder
France
Domestic
Friendly
Completed
Private
Telecommunications infrastructure
telecommunications infrastructure
Acquisition
Majority
Synopsis
TDF, a French company which provides radio and television transmission services, services for telecommunications operators, and other multimedia services, completed the acquisition of a 70% stake in Towerco Réunion Mayotte, which currently operates 195 sites for its customers which are key actors of the telecommunication industry, from Iliad, a French provider of telecommunication services, and Axian, a pan-African group that specializes in 5 business sectors, for €31m. "We are delighted to reinforce our strategic partnership with Telco Oi, a company jointly owned by the Iliad group and the Axian group and to expand our presence in French overseas. We strive to deliver the best possible services to our clients and Telco Oi," Olivier Huart, TDF Group CEO.
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