Sunday, 03 July 2022

Deutsche Telkom preparing to sell stake in tower biz

by Harry Baldock, Total Telecom
Wednesday 13 April 22

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…

TT PREMIUM CONTENT

If you are a subscriber login here


To access premium content you need to upgrade your account. To find out more click here

Since you're here...

...the Telecoms industry is characterised by constant change and evolution. That's why it's crucial for telecoms professionals to keep up-to-date with what is happening. Join 35,000+ of your peers and sign up to our free newsletter service today, to be in the know about what is going on. PLUS, as a member you can submit your own press releases!

See all membership options

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry