Phoenix seeks lift with French tower bolt-on

Richard Agnew2025-12-29T15:15:00

Bolstered by heavyweight private equity backing, US tower group firms up opportunistic buyout of SFR-Bouygues joint venture Infracos to gain scale in its biggest European market.

This article includes:

Organisations: Altice France; Bouygues Telecom; Cellnex France; SFR; TOTEM; PTI (Phoenix Tower International); SBA Communications; American Tower; Crown Castle; Bouygues; Iliad Group; Orange.
Geographic: France; Europe; United States.
Themes: buyout; build-to-suit; capital injection; private equity; M&A; network-sharing; market consolidation; footprint expansion; scale; debt reduction; balance sheet strengthening.

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