Telefonica sells European and Latin American tower property



Telefonica has change into the newest European telco to make the most of third-party curiosity for cellular infrastructure and agreed a deal to promote its European and Latin American masts to the American Tower Firm (ATC).

The €7.7 billion sale of its Telxius subsidiary contains 30,772 masts throughout Argentina, Brazil, Chile, Germany, Peru and Spain however not the UK the place O2’s masts are shared with O2 as a part of the Cornerstone joint-venture.



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