Telefónicawatch

Telefónica finalises Telxius tower sale as infra deals flow

2021-08-21T00:00:00

Telefónica finalises Telxius tower sale as infra deals flow

Source: Telxius

American Tower acquires last tranche of 31,000 Telxius towers for €7.7bn, with deal set to reduce Telefónica net debt by €4.6bn. Fibre InfraCos in Latin America ramp up, with KKR expanding its relationship with the Group. Digital businesses also restructuring with Telefónica Tech spreading its influence.

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