Virgin Media O2 sheds further chunk of Cornerstone TowerCo
£180m+ fillip sees VM O2 reach monetisation milestone, with another minority offload, while continuing to consolidate TowerCo financially. Buyer Equitix extends digital infra portfolio, while UK tower landscape continue to shift…
This article includes:
- Organisations: BT Group; Cellnex UK; Cornerstone; Equitix; Freedom Fibre; Gigaclear; GLIL Infrastructure; Goldman Sachs; Grain Connect; JPMorgan Chase & Co; Liberty Global; Local Connect i Falköping; Mobile Broadband Network Limited (MBNL); Oman Tech Infrastructure; Telecom Castilla La Mancha; Telefónica Group; Telefónica UK; Three UK; Vantage Towers; Virgin Media O2 (VM O2); Vodafone Group; Vodafone UK.
- Geographies: Europe; Middle East; Oman; Spain; Sweden; UK.
- People: Pat Coxen; Lutz Schüler.
- Themes: 4G; 5G; Altnets; Asset monetisation; Digital infrastructure; Fibre (FTTP); Infrastructure; Infra investment; Investors; Mergers and acquisitions (M&A); Mobile connectivity; Network-sharing; Spectrum; Towers; TowerCos; Wireless infra.
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