Virgin Media O2 inks £360 million deal for Cornerstone

Virgin Media O2 has revealed that it will sell one-sixth of its Cornerstone UK towers business to investment firm GLIL Infrastructure for £360 million.
The announcement comes just days after the circulation of rumours to that effect and hours ahead of the publication of the telco’s third quarter results, which show growth in its fixed customer base and fibre footprint, as well as decent financials.
The Cornerstone deal has come in below some industry estimates, as we thought it might