Telxius bolsters its position in the German market with the addition of 10,100 Telefónica sites

On 8 June, Telxius announced that it had reached a deal to acquire 10,100 sites from Telefónica Deutschland Holding AG for €1.5bn, with the deal including a build-to-suit commitment of up to 2,400 new sites. Once the acquisition and the BTS programme are finalised, Telxius’ total site count will exceed 32,800 sites, placing the company as one of the top ten largest towercos in the world. TowerXchange examines the deal, Telxius growth story and how the move fits into both Telxius’ and Telefónica’s strategies.

At the start of June, Telxius announced that it had reached a deal to acquire 10,100 sites from German MNO, Telefónica Deutschland for €1.5bn.