Towercast sale could prove influential in French market

The news that France’s only remaining broadcast towerco is on the market has garnered interest

Read this article to learn:

  • Background on the French tower market
  • What is for sale
  • This deal in the context of other French tower deals
  • Who will bid

French media group NRJ has announced its intention to sell broadcast towerco Towercast, a competitor to TDF, which offers DTT and FM broadcast services via 500 sites across France. Declaring that Towercast isn’t a ‘fit’ with NRJ’s core business, it’s believed NRJ hopes to raise up to €300mn from the sale. TowerXchange takes a look…

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