The formation and ambitions of Ireland’s newest towerco
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The formation and ambitions of Ireland’s newest towerco

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An interview with Cignal’s Chairman and CEO

Cignal, a newly formed Irish towerco, came into life last year when it purchased 113 towers and 400 plots of land (on which its towers and those of third parties are situated) from Coillte, the state owned forestry company. In an Irish market where 29% of towers sit in the hands of eight independent towercos with portfolios ranging from 40 to 400 towers, the acquisition gives Cignal a strong foothold in a market ripe for consolidation. In this interview, Cignal’s CEO and chairman explain the Coillte transaction and how Cignal came into existence. We also discuss the newly announced National Broadband Plan and ask them to share Cignal’s ambitions for expansion in Ireland and overseas.


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