Telefónicawatch

Cellnex swerves Telxius questions as it builds war chest

and 2020-07-23T15:37:00

tfw145-29b-cell-tower

Source: Echo Grid / Unsplash

Robustly growing tower company with €11bn burning a hole in its pocket. Linked to an investment in Telefónica’s “magnificent” infrastructure division. Cellnex management say keen on operational control over investments.

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