Monday, 15 August 2022

Brookfield and Cellnex eyeing Deutsche Telekom’s towers

by Harry Baldock, Total Telecom
Monday 30 May 22

Sources suggest that a joint bid by the two companies could be in the works, finally giving Cellnex access to the German market

Deutsche Telekom has been looking to spin off its German tower business, Deutsche Funkturm, since at least December 2021, following a broader trend across the telecoms industry to sell off passive infrastructure in exchange for quick cash. At the time, Deutsche Telekom said it would be open to selling up to a 51% stake in the business, but would also be open to approaches for smaller pieces of the business…

Deutsche Telekom has been looking to spin off its German tower business, Deutsche Funkturm, since at least December 2021, following a broader trend across the telecoms industry to sell off passive infrastructure in exchange for quick cash. At the time, Deutsche Telekom said it would be open to selling up to a 51% stake in the business, but would also be open to approaches for smaller pieces of the business…

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