3 ms·
4800 or 6000 towers? https://united.group/united-group-reached-agreement-to-sell-mobile-tower-infrastructure-to-tawal/ https://united.group/united-group-reache
by oriettaxx 4y ago
4800 or 6000 towers?
https://united.group/united-group-reached-agreement-to-sell-mobile-tower-infrastructure-to-tawal/ https://united.group/united-group-reached-agreement-to-sell-...
"United Group BV, the leading multi-play telecoms and media company in Southeast Europe, has reached an agreement to sell 100% of its mobile tower infrastructure unit in Bulgaria, Croatia, and Slovenia (“TowerCo”) to TAWAL, a subsidiary of stc Group.
The transaction values TowerCo, comprising more than 4,800 towers, at €1,220 million on a cash free and debt free basis, fully payable in cash, which represents an EV / 2022 EBITDAal (pre IFRS 16) multiple of 20.1x."
btw: €1,220 ...in cash (!)