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Announced

Cellnex to acquire 350 towers from NOS for €155m.

Financials

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Transaction Value£128m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Portugal

Infrastructure

Telecommunications Equipment

Pending

Acquisition

Majority

Private

telecommunication towers

Cross Border

Single Bidder

Friendly

Synopsis

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Cellnex, a Spanish wireless telecommunications infrastructure and services company, agreed to acquire 350 towers from NOS, a Portuguese telecommunications and media company, for €155m. This purchase builds on Cellnex’s previously announced acquisitions for 750 sites in Portugal from a combination of MEO (Altice Portugal) and ONI (Oni Telecom).

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