Cellnex buys leading Polish telecommunications player for €1.6bn

Kelsey Rees
clock • 1 min read
Cellnex buys leading Polish telecommunications player for €1.6bn

The buy allows the Spanish telecommunications provider to ramp up its 5G investments

Cellnex Telecom has closed the €1.6bn acquisition of Polish infrastructure company Polkomtel Infrastruktura. The deal with parent company Cyfrowy Polsat Group covers the acquisition of 99.99 per cent of Polkomtel Infrastruktura, its telecommunications infrastructure subsidiary. It also includes an additional programme to roll out up to 1,500 sites, as well as investments in active equipment, mostly for 5G, for a further €600m over the next nine years. Cellnex claims the integration with...

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