abertis enters the mobile communications infrastructure market
with the purchase of 500 towers from Telefónica
abertis has reached an agreement with Telefónica to
purchase 500 mobile telephone towers for an initial amount
of 45 million euros. The agreement, which could be expanded
to include up to 1000 towers before the end of 2012, means
the entry of abertis in the mobile communications
infrastructure management market.
Telefónica España will be the main client of this
collection of towers for the next few years, although it is
planned to offer the infrastructure to other operators that
could share the services they offer.
The purchase of these high quality installations, situated
in rural areas all over Spain, add to the more than 3,300
sites that abertis already owns, giving it greater
capillarity. This is a highly important feature in the
future deployment of new frequencies derived from the
latest auction of public airwaves.
The incorporation of these 500 towers will also contribute
to the Group's consolidation as a key actor in the
rationalisation of the use of land and mobile
telecommunications infrastructures in Spain. The operation
will also enable the development of new business
opportunities for sharing infrastructures, something
necessary due to the deployment of fourth generation mobile
This press release was issued by Abertis Infraestructuras SA and was initially posted at http://www.abertis.com/news/abertis-enters-the-mobile-communications-infrastructure-market-with/var/ lang/en/idm/487/idc/4146 . It was distributed, unedited and unaltered, by noodls on 2012-04-02 10:47:43 AM. The issuer is solely responsible for the accuracy of the information contained therein.