Table 1 Illustrative tower deals, 2018... | Emerald Publishing

Table 1

Illustrative tower deals, 2018 to 2020

Year	Country	Buyer	Target	Value million	No. of sites	Price per tower
2018	India	American Tower Corp.	Vodafone India	$592	10,200	$58,039
2018	Jamaica	Phoenix Tower Int’l	Digicel Jamaica	$90	451	$199,556
2018	Portugal	M. Stanley Infrastructureet al.	Altice Europe	€660	2,961	€222,898
2018	Dominican Republic	Phoenix Tower Int’l	Altice Europe	$145	1,039	$139,557
2018	France	KKR	Altice Europe	€3,600	10,198	€353,010
2019	Italy	INWIT SpA	Vodafone Italy Towers	€5,270	22,100	€238,461
2019	Bolivia	Phoenix Tower Int’l	Viva	$100	600	$166,666
2019	India	Brookfield Infrastructure	Reliance Jio Infratel	$3,600	130,000	$27,692
2019	Colombia, Mexico, Nicaragua	Phoenix Tower Int’l	Uniti Group	$100	500	$200,000
2019	Spain	Cellnex	Orange España	€260	1,500	€173,333
2019	UK	Cellnex	Arqiva	£2,000	7,400	£270,270
2019	France	Cellnex	Iliad Group	€1,400	5,700	€245,614
2019	Italy	Cellnex	Iliad Group	€600	2,200	€272,727
2019	Africa	American Tower Corp.	Eaton Towers Holdings	$1,850	5,700	$324,561
2020	Brazil	Telxius Torres Brasil	Telefónica Brasil	$148.3	1,909	$77,684
2020	Ecuador and Colombia	Phoenix Tower Int’l	Telefónica	$325	2,029	$160,171
2020	Portugal	Cellnex	Nos Towering	€375	2,000	€187,500
2020	Portugal	Cellnex	Altice Europe et al.	€800	3,000	€266,666

Year	Country	Buyer	Target	Valuemillion	No. of sites	Priceper tower
2018	India	American Tower Corp.	Vodafone India	$592	10,200	$58,039
2018	Jamaica	Phoenix Tower Int’l	Digicel Jamaica	$90	451	$199,556
2018	Portugal	M. Stanley Infrastructureet al.	Altice Europe	€660	2,961	€222,898
2018	Dominican Republic	Phoenix Tower Int’l	Altice Europe	$145	1,039	$139,557
2018	France	KKR	Altice Europe	€3,600	10,198	€353,010
2019	Italy	INWIT SpA	Vodafone Italy Towers	€5,270	22,100	€238,461
2019	Bolivia	Phoenix Tower Int’l	Viva	$100	600	$166,666
2019	India	Brookfield Infrastructure	Reliance Jio Infratel	$3,600	130,000	$27,692
2019	Colombia, Mexico,Nicaragua	Phoenix Tower Int’l	Uniti Group	$100	500	$200,000
2019	Spain	Cellnex	Orange España	€260	1,500	€173,333
2019	UK	Cellnex	Arqiva	£2,000	7,400	£270,270
2019	France	Cellnex	Iliad Group	€1,400	5,700	€245,614
2019	Italy	Cellnex	Iliad Group	€600	2,200	€272,727
2019	Africa	American Tower Corp.	Eaton Towers Holdings	$1,850	5,700	$324,561
2020	Brazil	Telxius Torres Brasil	Telefónica Brasil	$148.3	1,909	$77,684
2020	Ecuador andColombia	Phoenix Tower Int’l	Telefónica	$325	2,029	$160,171
2020	Portugal	Cellnex	Nos Towering	€375	2,000	€187,500
2020	Portugal	Cellnex	Altice Europe et al.	€800	3,000	€266,666

Source: Compiled by the authors from various articles published by TeleGeography and the Financial Times, as well as the press releases and annual reports of Altice Europe, Uniti Group and Vodafone