Tags Cellnex Telecom

Tag: Cellnex Telecom

Cellnex Telecom trades on the Bolsas y Mercados Españoles in Madrid, Spain under the ticker CLNX. The company has strengthened its position as a key Pan-European tower infrastructure provider, with a portfolio of 103k tower sites, once its recent transaction and build-to-suit program with CK Hutchison are complete.

In November 2020, Cellnex agreed to acquire 24.6k towers from CK Hutchison throughout Europe for €10bn. Additionally, the transaction includes a build-to-suit (BTS) program of up to 5.3k tower sites over the next eight years with an investment of €1.4bn.