Cellnex Telecom has successfully sold its Irish business to PTI for €971 million, aligning with its strategy to focus on core markets and optimize shareholder value through a share buyback program.
Information on the Target
Cellnex Telecom is Europe's leading wireless telecommunications operator, dedicated to providing high-quality connectivity solutions across numerous regions. With a strategic focus on the deployment and management of wireless infrastructure, the company has been positioning itself at the forefront of the telecommunications industry.
Recently, Cellnex made a significant move by completing the sale of its business in Ireland to PTI for a sum of €971 million. This transaction marks an essential step in Cellnex's ongoing strategic efforts to streamline operations and enhance its focus on core markets.
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Industry Overview in the Target’s Specific Country
The telecommunications industry in Ireland has been experiencing substantial growth, driven by the increasing demand for connectivity and advancements in
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PTI
invested in
Cellnex Telecom's business in Ireland
in 2025
in a Other Private Equity deal
Disclosed details
Transaction Size: $1,037M