cellnex telecom agrees to buy 261 mobile telephony sites from protelindo … · 2017-02-27 ·...
TRANSCRIPT
p
PressRelease
#21710161v1
CellnexTelecomagreestobuy261mobiletelephonysitesfromProtelindointheNetherlands
• CellnexTelecom is to invest €109million in a transaction thatwill openupaccess to theNetherlands and to the markets of central and northern Europe. A move that furtherstrengthensCellnex’sfocusonEuropeandtheinternationalizationofitsmarkets.
• These sites cover the entire territory of the Netherlands, 80% of which are strategicallylocatedalongthecountry'smainroadcorridors.
• CellnexconfirmsitsstatusasaEuropean-wideoperatorbyaddingoneofthemostadvancedanddynamictelecommarketsbothintermsofmobilebroadbandpenetrationaswellasthepositionoftheindependenttelcoinfrastructureoperators.
• The transaction isexpected to closewithin the next twomonths, following satisfactionofcertainconditionscustomaryinthistypeofagreement.
• Theacquisitionwillbefinancedviaexistingcreditfacilities.
Barcelona, 30May2016.-CellnexTelecomhas reachedanagreement toacquirea100%stakeofProtelindoNetherlandsB.V.,asubsidiaryoftheIndonesiantelecommunicationstowersgroupPTSaranaMenaraNusantara.The transaction involves an investment of €109 million and the integration of Protelindo’s existing 261telecommunicationssitesintotheCellnexportfolio.
The261towerscurrentlymanagedbyProtelindoarespreadalloverthecountry.80%ofthesesitesarelocatedinareasclosetothemainroadcorridors,addingtotheirappealasalocationformobileoperators'equipment.Theremaining20%arelocatedinurbanandruralareas.Itisworthnotingthattheaveragetenancyratioofthesesitesis1.88.
75%ofrevenuesarelinkedtocontractsthatextendupto2028.TheseDutchsites,onceconsolidatedintoCellnex,areforecasttocontributeEBITDAofapproximately€8millionin2017.
TobiasMartínez,CEOofCellnexTelecom,commented:"wearejoiningamarketwithanestablishedpresenceofindependenttelecommunicationsnetworkoperators,withthepotentialtocapturesynergiesbetweennetworksthatarealreadyrolledout,andareintegratingassetsintoourportfoliothatprovideuswithstableandpredictablelong-termcashflows."
"Withthisagreement",saidCellnexTelecomPresidentFranciscoReynés,"CellnexreaffirmsitsgrowthstrategyinEuropebyaddingtheNetherlandstoitsreferencemarketsinSpainandItalyandbyestablishinganoperationalbasebringingitclosertothemarketsofcentralandnorthernEurope."
#21710161v1
2cellnextelecom.com/prensa_
TheDutchmarket
The Dutchmobile telephony infrastructuremarket comprises five operatorsmanaging a total of 1,500 sites,includingthe261ownedbyProtelindo,whichcomplementtheproprietarynetworkrolledoutbythecountry'sbigthreemobileoperators(KPN,TMobileandVodafone),plusTele2,whichoffersexclusively4Gservices.TheNetherlandshasatotalof15,200locationsthroughoutitsterritory.
TheNetherlands,anAAAratedcountry,isoneoftheEuropeanmarketswithhighestpenetrationof4Gmobilebroadband.Thiscoveragebythefourmobileoperatorsinthecountryrangesbetween92%and99%.Thisroll-outwas achievedmainlyon thebasis of theexisting2Gand3G sites.As inmost European countries, improvingcoveragetoallowmobileaccesstobroadbandcontentinareaswithlargenumbersofconcurrentusersisoneofthechallengesforthefuture.Inthisregard,rollingoutahigherdensityandmorecapillarynetworkbydeploying"smallcells"anddistributedantennasystems(DAS),willconstituteagrowthvectorintheDutchmarketoverthecomingyears.
#21710161v1
3cellnextelecom.com/prensa_
AboutCellnexTelecomSinceitacquiredtheportfoliooftelecommunicationstowersfromWINDinItalylastMarch,CellnexTelecomhasbecomeEurope's leading independentoperatorofwireless communications infrastructure,witha totalportfolioof15,120towersatthecloseof1Q2016.Cellnexclosedthefirstquarterof2016withrevenueof€165million(+41%)andEBITDAof€63million(+26%).Cellnex structure its activities into three areas: Mobile telephony infrastructures; audiovisual broadcastingnetworks;securityandemergencyservicenetworksandsolutionsforsmarturbaninfrastructureandservicesmanagement(smartcitiesandthe"InternetofThings"(IoT)).
PublicandCorporateAffairsDepartmentCorporateCommunication
https://twitter.com/cellnextelecom
http://youtube.com/cellnextelecom
http://flicker.com/cellnextelecom
http://www.slideshare.net/cellnextelecomcellnextelecom.com/press