After a record year of M&A for Europe’s leading independent towerco, TowerXchange sit down with Cellnex’s CEO, Tobias Martinez to discuss the company’s prospects for further M&A, projections for 5G rollout and how Cellnex views its role in the radically evolving telecommunications industry.
TowerXchange: 2019 has been a record year for Cellnex in terms of M&A which has added significant scale to Cellnex’s portfolio [see side bar]. Could we see a similar level of activity over 2020?
Tobias Martinez, CEO, Cellnex Telecom:
2019 was indeed a very successful year in terms of M&A; we completed three major deals with Iliad and Salt across three countries, achieved scale in the UK (a very important piece of our European platform) through the acquisition of Arqiva’s telecoms division, entered two new countries through towerco acquisitions in Ireland and Portugal –the latter already at the very beginning of 2020-- and bolstered our position in the Spanish market.
