Phoenix Tower moves into Germany

Phoenix Tower International has inked a deal to acquire NOVEC’s German unit, giving it access to major European market with significant growth potential.
The passive infrastructure specialist, which has been on a fairly aggressive expansion push in recent years, did not disclose the value of the deal. However, it’s unlikely to be massive, given that NOVEC currently has just 220 sites in Germany, although Phoenix Tower notes that it has developed “a significant pipeline” o