Madrid, 3rd June 2021. Telefónica today announced the completion of the sale of Telxius’ tower business in Latin America to American Tower Corporation (ATC), with a presence in Brazil, Peru, Chile and Argentina. Telxius has received a payment of approximately €0.9 billion for this transaction.
With this announcement, Telefónica completes the sale of Telxius’ tower business, announced the 13th of January. Just two days ago, the company announced to the market the sale of the tower business in Europe, for which Telxius received a payment of €6.2 billion. In addition, it is expected that next August, ATC will also acquire the towers that Telxius committed to acquire on that date, in compliance with the second phase of the agreement signed between Telxius and Telefónica Germany in June 2020.