Sunday, 29 May 2022

Macquarie buys copper assets from Telefonica for €200m

by Harry Baldock, Total Telecom
Tuesday 18 January 22

The move comes as part of Telefonica’s wider strategy to monetise its infrastructure assets and shift its customers to fibre

According to reports coming from Spanish newspaper Cinco Dias, Telefonica has sold part of its copper infrastructure in Spain to Australian infrastructure fund Macquarie for around €200 million. Exactly how much copper and where it is situated within Spain has not been revealed, though it is mostly extant in areas in which Telefonica has yet to deploy fibre…

According to reports coming from Spanish newspaper Cinco Dias, Telefonica has sold part of its copper infrastructure in Spain to Australian infrastructure fund Macquarie for around €200 million. Exactly how much copper and where it is situated within Spain has not been revealed, though it is mostly extant in areas in which Telefonica has yet to deploy fibre…

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