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Cellnex Telecom Acquires Tower Operator Alticom for €133 million

11 months ago
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Cellnex Telecom Acquires Tower Operator Alticom for €133 million Image Credit: Alticom

Cellnex Telecom has closed the acquisition of Dutch telecoms infrastructure operator Alticom from Infracapital.

The acquisition, which includes 30 towers and long-range sites throughout the Netherlands, for a total value of €133 million.

The Dutch telecom infrastructure market has three independent operators that manage a total of 1,500 sites – including the 758 that Cellnex now manages in the country, soon to be bolstered with the 30 from Alticom. These sites complement the proprietary network deployed by the three main telecoms operators in the country (KPN, TMobile and Vodafone), plus Tele2, which offers 4G services only.

According to a statement by Cellnex, the sites and towers in Alticom’s network cover a 15 km radius, providing service and coverage to practically 60% of wireless telecommunications sites and rooftops, with a smaller coverage radius – up to 15,200 – rolled out in the Netherlands.

Tobias Martinez, CEO, Cellnex
The acquisition of Alticom’s assets in the Netherlands provides consistency and solidity to our activity in the Netherlands by incorporating a recurring business, with predictable medium- and long-term flows...

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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