Phoenix Tower remains ‘opportunistic’ on buyouts post-BlackRock deal
Richard Agnew2024-04-26T08:44:00
TowerXchange Meetup Europe: CEO of wireless infra group says it remains “ready to go” on Europe M&A despite many tower rivals looking cowed amid the tighter financing environment. March’s completion of fresh investment by asset management behemoth BlackRock has given confidence to pursue further deal-making opportunities. Claims edge on “carrier captive” rivals. Read more…
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This article includes:
Organisations: BlackRock; Blackstone; Cellnex; Grain Management; Global Infrastructure Partners; Helios Towers; IHS Towers; NOVEC; Phoenix Tower International (PTI); Vantage Towers; Wren House Infrastructure.
Geographic: Central Europe; Cyprus; Czech Republic; Eastern Europe; France; Germany; Greece; Ireland; Italy; Slovakia; Spain; Ukraine; United States.
People: Dagan Kasavana.
Themes: Asset management; Build-to-suit (BTS) opportunities; Commercial performance; Currency stability; Digital infrastructure investment; Eastern Europe expansion; Euro currency focus; European telecom operators; Financing environment; M&A in telecom sector; NATO allies; Network buildout; Organic growth; Private equity investment; Strategic investment; Tower assets; Wireless infrastructure.
Events: TowerXchange Meetup Europe.