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Telxius Acquires 1,909 Towers from Telefónica Brasil Vivo

Mna News - Published on Mon, 02 Dec 2019

Image Source: Telefónica Brasil, Vivo
Telxius has signed a deal with Telefónica Brasil Vivo for the acquisition of 1,909 sites in Brazil for BRL 641 million (USD 153 million). Under the terms of the agreement, Telxius will double its existing portfolio bringing it to a total of 3,850 sites and reinforcing its position as a one of the biggest infrastructure operators in the country.

The acquired assets have a fundamentally urban profile amounting to 82% of the total. 52% of the acquired towers are located in Brazil’s main cities, São Paulo and Rio de Janeiro. It will allow Telxius to significantly strengthen its presence in Brazil’s urban areas, where mobile operators are likely to concentrate their efforts to improve mobile broadband coverage and future 5G deployment.

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Posted By : TelecomGuru on Mon, 02 Dec 2019
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