Telefónica to accelerate tower monetisation plans
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Telefónica to accelerate tower monetisation plans

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Mobile giant to explore options for c. 50,000 European and CALA sites

STOP PRESS: On 27 November, Telefónica announced a new five point plan involving a major restructuring of the business. Placing a focus on their key markets of Spain, the UK, Brazil and Germany and creating an operational spin off their businesses in Hispanic Latin America, Telefónica will also create Telefónica Infra. With 50.01% of Telxius as its main asset, Telefónica Infra will bring together Telefónica’s shareholdings in telecom infrastructure vehicles, serving third-party operators and incorporating partners. Telefónica Infra will aim to optimise the value of the company’s assets, focussing on the development and monetisation of towers, DAS, datacentres - including EDGE-, greenfield fibre projects or submarine cables, among others

Additionally, Telxius has stuck a deal with Telefónica Brasil (Vivo) for the acquisition of 1,909 sites for R$641mn, a deal which will take their total site count in the country up to 3,850 sites.


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