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Cellnex Telecom studies acquisition opportunities in Europe

Cellnex Telecom analiza oportunidades de adquisición en Europa

Intel ID : 236612
Synopsis

Cellnex Telecom (BME:CLNX), a Spain-based telecoms services provider, is studying five acquisition opportunities in western Europe, reported EFE Empresas on 16 May, 2016, citing a company spokesperson.

According to the report, Cellnex will focus on studying at least five different acquisition opportunities in countries of western Europe, while it waits for the finalization of the sale process of Italy-based Wireless Italiane (Inwit) (BIt:INW), which will be delayed for another month, according to a statement from Telecom Italia (BIt:TIT) CEO, Flavio Cattaneo. Cellnex is participating in the process in a consortium with Italy-based fund, F2i.

The sale of the Telecom Italia subsidiary has been reported since September 2015 (see related intel).
(content in spanish)

Cellnex Telecom (BME:CLNX), prestadora española de servicios de telecomunicaciones, está analizando cinco oportunidades de adquisición en Europa occidental, ha publicado EFE Empresas el 16 de mayo de 2016, citando a un portavoz de la empresa.

Según lo publicado, Cellnex se enfocará en analizar al menos cinco diferentes oportunidades de adquisición en países de Europa occidental, mientras espera que se concrete el proceso de venta de la italiana Wireless Italiane (Inwit) (BIt:INW), que demorará un mes más, según declaraciones del consejero delegado de Telecom Italia (BIt:TIT), Flavio Cattaneo. Cellnex participa en el proceso como parte de un consorcio con el fondo italiano F2i.

La venta de la filial de Telecom Italia se ha informado desde septiembre de 2015 (ver intels relacionados).

Bidder


Intel ID 236612
Value ND
Native Currency Euro (EUR)
Financial Data - Cellnex Telecom
(31 Dec 2023)
Revenue: EUR 4.045,33m
EBITDA: EUR 2.926,71m
Net Debt: EUR 20.401,17m
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Bidder

Name
potential
Subsector (Old TTR Sectors)
Technology and Telecoms / Telecoms (Primary)
Primary Sector (TTRSC)
60.01.03 Telecoms Towers & Infrastructure
60 Telecommunications / 60.01 Telecommunications & Networking Hardware

Secondary Sectors (TTRSC)
60.02.99 Other Telecommunications & Networking Services
60 Telecommunications / 60.02 Telecommunications & Networking Services

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verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

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