12-04-2022 18:29 via telecoms.com

Deutsche Telekom reportedly fielding multiple bids for tower business

German operator Deutsche Telekom is apparently reviewing bids for its tower business from multiple suitors including Vodafone’s Vantage Towers, KKR, GIP, Cellnex and America Tower Corp.
Deutsche Telekom is reviewing proposals to sell a majority or minority stake in its subsidiary towers business Deutsche Funkturm, according to a report from Reuters. Sources claim Vantage Towers and a consortium of KKR and GIP have submitted bids to buy either 51% or take a minority interest, Cellnex is mul
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