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Cellnex closes the acquisition of the network of c.7,000 Play sites in Poland
Cellnex now operates in 12 European markets
Cellnex closes the acquisition of the network of c.7,000 Play sites in Poland
After receiving the green light from the competition authorities in Poland, Cellnex has formalised the acquisition announced in October -with an associated investment of c. €800 million-, to acquire a 60% controlling stake in the company that will now manage these sites.
This new telecommunications infrastructure operator controlled by Cellnex plans to invest up to €1.3 billion by 2030 to roll out up to c. 5,000 new sites in Poland.
Barcelona / Warsaw, 1 April 2021. Cellnex Telecom announced today that it had closed the agreement with Iliad, announced on 23 October, which now gives Cellnex a 60% controlling stake in the company operating the c. 7,000 Play telecommunications sites in Poland. ....

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