Read this article to learn:
- Why are CK Hutchison carving out a towerco?
- What will be the scale and tenancy ratio of CK Hutchison Networks in each country?
- The reasoning behind the carve out
- The implications for the European (and perhaps Asian) tower market
CK Hutchison has recognised the global tide of MNOs carving out their towers, and hopes to ride the wave to improved efficiency –ultimately to an improved valuation. In July 2019, Hutchison announced that by the year end they anticipated carving out their 28,500 European into captive towerco CK Hutchison Networks. The towerco is to start…