Cellnex enters the Portuguese market

OMTEL acquisition adds an eighth country to the towerco’s rapidly expanding portfolio

Read this article to learn:

  • Details of the deal between Cellnex and OMTEL
  • Why the towers changed hands in such a short timeframe
  • An introduction to OMTEL and the Portuguese tower market
  • The status of 5G rollout in the country
  • How the deal will impact Cellnex’ portfolio

After highly active 2019 on the M&A front, Cellnex kicks off 2020 with the announcement they are to acquire Portuguese towerco, OMTEL, adding 3,000 towers and an eighth market to their rapidly expanding tower portfolio. TowerXchange examine the news and the implications for the Portuguese market. On 2 January, Cellnex announced that it had reached…

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