Cellnex Sells French Data Center Business to Vauban for €391M


Cellnex Sells French Data Center Business to Vauban for €391M

📅 - One of Europe's leading telecommunications infrastructure operators, Cellnex, has agreed to sell its French data center subsidiary, Towerlink France, to Vauban Infrastructure Partners for €391 million. The transaction marks a key step in Cellnex's ongoing effort to streamline its portfolio and refocus on its core business of wireless communications infrastructure.

Towerlink France, founded in 2018, specializes in the development and management of edge data centers located across French urban hubs. These facilities provide low-latency, high-performance connectivity close to end users - a segment increasingly critical to supporting 5G deployment, AI workloads, and the growing volume of [...][... Check source for end of article ...]
Tags: Telecom

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