Cellnex completes acquisition of CK Hutchison’s assets in Austria, Ireland and Denmark

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Cellnex Telecom has announced that it has closed the acquisition of CK Hutchison’s telecommunications tower assets in Austria, Denmark, and Ireland, three of the six countries covered by the agreement announced on November 12, 2020. With this move, the company has now consolidated 7,050 sites out of the total of 24,600 included in the agreement. The total value of the operation is EUR 10 billion (US$ 12.16 billion) and the agreements also cover the roll-out of up to 5,250 new sites over the next eight years, with an additional investment of EUR 1.4 billion (US$ 1.70 billion).


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