Telenor forms Telenor Tower Holding in Europe and appoints CEO
Europe's latest carve out towerco moves forward
Telenor has announced the carve out of its Nordic tower assets into Telenor Tower Holding and appointed Kaaren Hilsen, CEO of Telenor Sweden as CEO of the new business unit. With just under 30,000 towers set to be managed by the entity, Telenor Tower Holding catapults itself into the major league of European towercos, and joins a growing number of operator-owned towerco businesses in the continent. TowerXchange takes a closer look at the towerco, the Nordic tower markets and the changing shape of the European tower landscape.
How many towers will Telenor Tower Holding own?
Telenor currently owns 29,800 towers across their Nordic footprint.