Vodafone will carve out 61,700 towers in ten European countries [11,000 of which have already been injected into INWIT in Italy], Hutchinson will carve out a further 28,200 towers in six countries, and Telefónica are seeking to monetise 50,000 towers, of which ~26,600 are in Europe. How will these transactions affect…” the shape and future of European towers, and the opportunities to put capital to work in this attractive infrastructure asset class?
Vodafone, Hutchinson and Telefónica made game changing announcements in successive months between July and September 2019, indicating that over 20% of Europe’s telecom towers could be transferred to towercos.
