Cellnex Telecom has sold its Irish operations to PTI for €971 million, aligning with its strategic focus on core markets and enhancing shareholder value through a significant share buyback program.
Information on the Target
Cellnex Telecom is Europe's leading wireless telecommunications operator, specializing in providing vital connectivity infrastructure across various regions. The company has demonstrated significant growth and strategic commitment to enhancing network capabilities to meet the increasing demands for mobile data and connectivity.
Recently, Cellnex made a notable move by completing the sale of its business operations in Ireland to PTI for approximately €971 million, a decision aimed at streamlining its operations and reinforcing its market position in Europe.
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Industry Overview in Ireland
The telecommunications industry in Ireland has witnessed rapid growth, driven by increased demand for mobile data services and the expansion of broadband connec
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PTI
invested in
Cellnex's business in Ireland
in 2025
in a Other deal
Disclosed details
Transaction Size: $1,046M