Cellnex acquires 2,339 towers and rooftops from Sunrise: exclusive CCO interview

Europe’s leading towerco adds a sixth country to their footprint

Read this article to learn:

  • The rationale behind Cellnex entering the Swiss market
  • The scale, tenancy ratio and geographical distribution of the acquired portfolio
  • Why Cellnex took a consortium approach to this deal
  • The impact of the deal on Cellnex’ EBITDA and contracted sales
  • Why Cellnex favors a Master Service Agreement contract structure as opposed to a Master Lease Agreement

Last week Cellnex announced they had reached agreement for the acquisition of 100% of Swiss Towers AG and their 2,339 towers and rooftops from Sunrise, the #2 MNO in Switzerland, for €430mn. When closed, the transaction will take Cellnex’s portfolio beyond 23,000 sites, making the company the tenth largest towerco in the world by site…

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