Madrid, 1st June 2021. Telefónica today announced the completion of the sale of Telxius’ European tower division to American Tower Corporation (ATC), following regulatory approvals in Spain and Germany.
Telxius has received a payment of approximately €6.2 billion for the tower division in Europe. In August, ATC is also expected to acquire the towers that Telxius committed to acquire on that date, in execution of the second phase of the agreement between Telxius and Telefónica Germany.
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