Telefónicawatch

Telefónica Deutschland confirms tower switch

and 2020-06-09T14:05:00

tfw#144-o2-germany-tower-building

Source: Telefónica Deutschland

German operating business to transfer 10,100 sites to Telxius for €1.5bn. Transaction to reduce Telefónica’s net debt by €500m between 2020 and 2021, but won’t slow down its accelerated capex drive. Telxius portfolio has doubled since 2016.

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