Cellnex and Deutsche Telekom have reached an agreement to merge their Dutch tower portfolios into Cellnex Netherlands BV, with the newly enlarged entity set to possess a portfolio of 4,310 (inclusive of a BTS commitment of 180 sites). In parallel, both companies will become anchor investors in a newly established fund, Digital Infrastructure Vehicle which will invest in European digital infrastructure, with its 38% stake in Cellnex Netherlands its first such investment. TowerXchange takes a closer look at the Dutch tower market, the deal and the implications for the European tower industry.
The Dutch tower market
There are three MNOs in the Dutch market; KPN, VodafoneZiggo (owned by Vodafone and Liberty Global), and T-Mobile (owned by Deutsche Telekom).
