Read this article to learn:
- Who missed out on the 2,312 towers and rooftop sites?
- Why Optus were looking to sell and their plans with the proceeds
- How the EBITDA multiple compares to other listed towercos and the Amplitel valuation
- Australian Tower Networks BTS plans with Optus as anchor tenant
Singtel owned Optus had announced at the end of 2020 that they were looking to monetise their 2,312 mobile network towers and rooftop sites. The towers had attracted interest from Brookfield Asset Management, IFM Investors, American Tower, Symphony Consortium (which consists of Stilmark Holdings, Atlantic Tele-Network International and Canadian pension fund OMERS), QIC, Axicom (Australia’s…