Samsung And Arqiva Launch Europe’s First 5G FWA Trial In Central London PORTABLE

74 TowerXchange deal analysis: Cellnex acquires 261 Dutch towers from Protelindo for 109mn Cellnex consolidates their position as Europe s only pan-european towerco of scale, Protelindo realises a 45% increase in valuation By Kieron Osmotherly, CEO, TowerXchange Cellnex has acquired 100% of the share capital in Protelindo s 261 tower Dutch business for 109mn (EV on a cash, debt-free basis). The valuation is in the 15-16x range, based on an expected EBITDA of 8mn in 2017, generating recurrent free cash flow at a 90% ratio. The deal is expected to close within two months, subject to the usual CPs. The transaction through existing credit facilities. Here, TowerXchange analyses the deal and shares some exclusive quotes from Cellnex CEO Tobias Martinez. Keywords: 4G, Business Case, Cellnex, DAS, Decommissioning, Europe, Europe News, Europe Research, Exit Strategy, Infrastructure Sharing, KPN, LTE, Liberty Global, Market Overview, News, Novec, Open Tower Company, Protelindo, Rooftop, Sheere Group, Small Cells, T-Mobile, Tele2, Tenancy Ratios, The Netherlands, Tower Count, TowerXchange Research, Towerco Consolidation, Towercos, Valuation, Vodafone, Wireless Infrastructure Group Read this article to learn:

Samsung and Arqiva launch Europe’s first 5G FWA trial in central London