Macquarie Acquires 8,950 Towers Across Brazil and Colombia




📅 - Macquarie Asset Management has completed its acquisition of IHS Towers' South American tower operations, taking control of more than 8,700 sites in Brazil and 250 in Colombia. The deal gives the infrastructure investor a larger position in Latin American telecom assets as operators face sustained data growth, network upgrades and continuing pressure to fund coverage expansion.

The transaction moves a sizable chunk of Brazilian wireless infrastructure from a listed tower operator into a privately managed infrastructure fund. Financial terms were not provided in the material released by Macquarie, leaving investors without an immediate measure of valuation, leverage or expected [...][... Check source for end of article ...]
Tags: Telecom

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