Radar > 232098

Telefónica could launch IPO for its subsidiary of mobile telephone towers

Telefónica podría realizar una IPO con su filial de torres de telefonía movil

Intel ID : 232098
Synopsis

Spain-based Telefónica (BME:TEF; LSE: TDE; BVL: TEF; BCBA: TEF) could carry out an IPO for its subsidiary of mobile telephone towers, as reported by news agency Bloomberg on 10 December 2015.

This subsidiary has 60,000 towers in Spain, Germany and Latin America, and Spain-based Cellnex Telecom (BME: CLNX) might be interested in acquiring some of them.

With this deal, Telefónica could monetize its assets and obtain alternative resources to reduce its debt and to invest.
(content in spanish)

La española Telefónica (BME:TEF; LSE: TDE; BVL: TEF; BCBA: TEF) podría realizar una IPO con su filial de torres de telefonía movil, según ha reportado el medio Bloomberg el 10 de diciembre de 2015.

La filial de torres de telefonía movil está compuesta por 60.000 torres en España, Alemania y Latinoamérica. La empresa española Cellnex Telecom (BME: CLNX) podría estar interesada en la adquisición de una parte de ellas.

Con esta propuesta, Telefónica buscaría rentabilizar sus activos y obtener recursos alternativos para reducir deuda y contar con capital para invertir.

Bidder

Seller

Telefónica
Spain

Advisors

retained

Intel ID 232098
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
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

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

Country
Website
Description

Seller

Name
potential
Subsector (Old TTR Sectors)
Technology and Telecoms / Telecoms (Primary)
Primary Sector (TTRSC)
60.02.01 Integrated Communication Services
60 Telecommunications / 60.02 Telecommunications & Networking Services

Country
Website
Description

Financial Advisory

Radar

Date Title Type Intel Grade Country Subsector  

Legend:

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.

Transactional data is continuously updated by the research team and therefore is subject to change.