Member access

4-Traders Homepage  >  Shares  >  Mercato Continuo Espanol  >  Abertis Infraestructuras S.A.    ABE   ES0111845014

SummaryQuotesChart AnalysisNewsCalendarCompanyFinancialsConsensusRevisions 

Abertis Infraestructuras S.A. : 04/02/2012 abertis enters the mobile communications infrastructure market with the purchase of 500 towers from Telefónica

04/02/2012 | 05:14am US/Eastern
Recommend:
0
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 telephony.

distributed by

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.

Recommend :
0
React to this article
Latest news on ABERTIS INFRAESTRUCTURAS S
1d ago ABERTIS INFRAESTRUCTURAS : 07/23/2014 The company sends press release regarding ..
1d ago ABERTIS INFRAESTRUCTURAS : 07/23/2014 Abertis reports 5% increase in net profit ..
6d ago ABERTIS INFRAESTRUCTURAS : Criticism over award has the wrong target
6d ago ABERTIS INFRAESTRUCTURAS : No media institution, Moya or Sanef above criticism
6d ago ABERTIS INFRAESTRUCTURAS : Journalism prize not only given by Sanef
6d ago ABERTIS INFRAESTRUCTURAS : Sanef plays no role in selecting winner
6d ago ABERTIS INFRAESTRUCTURAS : Former colleagues don't take criticism kindly
6d ago ABERTIS INFRAESTRUCTURAS : Attack highlights need to check facts
6d ago ABERTIS INFRAESTRUCTURAS : Sanef does not choose the winner
07/16 ABERTIS INFRAESTRUCTURAS : Sanef Hands Protest Letter to Egyptian Ambassador Ove..
Advertisement
Chart
Duration : Period :
Abertis Infraestructuras S Technical Analysis Chart | ABE | ES0111845014 | 4-Traders
Income Statement Evolution
Abertis Infraestructuras S : Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF