Cellnex enters Irish tower market with €210mn deal to acquire Cignal
Exclusive interview and analysis as Cellnex enters seventh European market
Cellnex Telecom have reached an agreement to acquire Cignal, the Irish based independent telecommunications Infrastructure operator, for a deal valuing the company at €210mn. The acquisition sees Cellnex increase its European footprint with 546 Irish sites and a potential further 600 BTS sites by 2026. Cignal is expected to be at the forefront of future build and fibre projects, allowing both parties to enhance their current capabilities and support 5G rollout in Ireland.
TowerXchange: Congratulations to Colin and your team on this latest phase of your project, and to Cellnex on extending your European footprint to Ireland with your deal to acquire Cignal.