Movistar and Telstra Selling a First Batch of 1,741 Mobile Antennas to Abertis

Last October already attended one of the first and important consequences of the agreement between Movistar and Telstra with the launch of Fusion to the Telstra and although the agreement is being investigated by the CNMC today we know another step in this agreement.

And is that now has materialized the first part of the sale of mobile antennas by Movistar and Telstra to Abertis, which will not mean that they lose coverage because they will continue to use them to lease other operators can access these antennas.

Have specifically been 1,741 mobile antennas that both companies have been sold to Abertis for 171 million euros in the first phase of an agreement that we already knew and that it will lead to Movistar and Telstra to sell nearly 5,000 antennas by nearly 400 million euros but staying on them for rent.

With this movement operators make box in the short-term and can invest these earnings continue to expand its 4G coverage, both have more ambitious plans and also share 4G, while Abertis strengthens its business in the telecommunications sector and can offer the rental of these towers and which will later acquire any interested operator.