The entrance of Cellnex into the European telecoms sector has had a transformational impact on the market. Purveyors of the two largest transactions that Europe has seen to date (4,377 towers acquired across three phases from Spain’s Telefonica and Yoigo, and 7,377 towers from Italy’s Wind in 2014 and 2015 respectively), the company set a new benchmark in the sheer scale of tower deals and has amassed a portfolio of 15,120 towers in Spain and Italy. Perhaps even more significant than the scale of their acquisitions was their listing on the Madrid stock exchange valuing the company at €3.5bn
Cellnex CEO Tobias Martinez on the company’s ambitions in the European market
