Cellnex acquires Nos Towering and solidifies its place in the Portuguese market

Read this article to learn:

  • Details of Cellnex’s acquisition of Nos Towering
  • Further towerco activity in the Portuguese market
  • The level of infrastructure sharing in the country
  • Dynamics in the Portuguese telecoms sector

On 14 April, Cellnex reached a deal to acquire 100% of Nos Towering from Portuguese MNO, Nos for an enterprise valuation of €375mn. The deal marks Cellnex’s second major tower deal in the country and adds a further 2,000 towers to their Portuguese portfolio, with up to a further 400 new sites to be added…

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