A roundup of tower news across Europe
Finland: Digital Colony acquires Digita Oy
Global investment firm, Digital Colony has reached an agreement to acquire Finnish broadcast towerco, Digita Oy, from First State Investments. Digital Colony is a joint venture between Digital Bridge Holdings (investors and operators of digital infrastructure businesses) and Colony Northstar (a leading real estate investment management firm).
France: Altice towers attract interest
Both American Tower and KKR are rumoured to be among bidders for Altice’s mobile assets in France. TowerXchange believes that French towerco TDF and Spanish towerco Cellnex will also be interested in bidding for the French assets. Cellnex has also expressed an interest in Altice’s ~ 3,000 towers in Portugal.