Read this article to learn:
- Details of Vodafone’s tower carve-out plan
- The rationale for the towerco carve-out and monetisation options
- Impact on the UK, German, Italian and Spanish tower markets
- Implication for the broader European tower market
After several months of the secretive Project Skylon, Vodafone has announced plans for the carve-out and monetisation of its 61,700 towers. By May 2020 Vodafone will have separated its towers into as yet unnamed entity referred to as “TowerCo”, with a dedicated management team and control of its assets, with Vodafone becoming its anchor tenant….