WIG to acquire the 1.1k telecom towers in the UK from Cellnex.

Wireless Infrastructure Group, an independent infrastructure company, agreed to acquire the 1.1k telecom towers in the UK from Cellnex, an operator of wireless towers. Financial terms were not disclosed. “The divestiture agreement reached with WIG allows us to meet the conditions required by the UK Competition and Markets Authority and to proceed to complete the UK CK Hutchison transaction, the last of the deals announced in November 2020 to integrate the global CK Hutchison’s telecommunications sites in six European countries,” Àlex Mestre, Cellnex Deputy CEO.