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Thursday, July 01, 2021

Telcos Monetising Assets - Connectivity in Play

The telco towers bonanza is still in full swing, with two incumbents on opposite sides of the world each announcing deals on Wednesday with investment funds keen to cash in on the demand for connectivity.
  • Australian incumbent offloads 49 percent of InfraCo for nearly A$3bn 
  • Similarly Telia sells 49 percent of Norway and Finland tower ops for more than €700m 
  • In both cases, investment funds are the ones that want a piece of the action 
More here

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