Deutsche Telkom preparing to sell stake in tower biz
by Harry Baldock, Total Telecom
Wednesday 13 April 22
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Reports suggest that the company is considering approaches from numerous companies seeking to take a majority or minority stake in the company’s tower infrastructure
Towards the end of 2021, Deutsche Telekom’s CEO, Timotheus Höttges, announced during an investor conference that he was interested in finding a partner for the company’s tower business, with media reports later suggesting that a stake sale in the unit was imminent.
Analysts have previously suggested that Telekom’s roughly 40,600 towers, could be worth up to €18 billion.
Now, just days after Deutsche Telekom started the official sales process for the unit…
Towards the end of 2021, Deutsche Telekom’s CEO, Timotheus Höttges, announced during an investor conference that he was interested in finding a partner for the company’s tower business, with media reports later suggesting that a stake sale in the unit was imminent.
Analysts have previously suggested that Telekom’s roughly 40,600 towers, could be worth up to €18 billion.
Now, just days after Deutsche Telekom started the official sales process for the unit…
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