Telekom’s sale of the Dutch radio towers to Cellnex
Deutsche Telekom is giving its Dutch radio infrastructure to its Spanish competitor Cellnex.
Deutsche Telekom is using a new investment vehicle to bring around 3,150 cell phone masts to the Dutch Cellnex subsidiary, which already has almost 1,000 cell phone masts in the Netherlands.
Bird & Bird acted as legal advisers to Cellnex Telecom on this transaction. M&A partner Pauline Vos led the Bird & Bird team. She was assisted by Marinke Moeliker (corporate/M&A), Janneke Kohlen, Mariska van de Sanden and Tialda Beetstra (antitrust), Willem Bongaerts (tax), Jeroen van der Lee and Lisette den Butter (commercial) and Feyo Sickinghe (regulatory).
The team commented: “We were delighted to assist longstanding client Cellnex Telecom on this complex cross-border transaction. We look forward to supporting the team through to completion and beyond in what is an exciting time for all involved.”