Telephone's confirms that it is looking for alternatives for its portfolio of locations
Telephone's mobile site portfolio is made up of about 68,000 towers, of which nearly 18,000 is owned through Telxius , its infrastructure subsidiary. The company is 40% owned by the US fund KKR and 9.99% by Pontegadea, one of the investment firms of Amancio Ortega. Of the remaining 50,000, more than 60% are located in Spain, the United Kingdom, Germany and Brazil, through various subsidiaries and investee organizations. From Telephone they set a deadline for this monetization of their tower portfolio: the next 12 months. However, they do not clarify at the moment the ways to do it, although they point to the incorporation in Telxius of part of the 50,000 locations that belong to the subsidiaries . And they open the door to other possibilities, indicating that " the company could also study other alternatives ." A route that could be interesting, at a time when there is another Spanish company especially active in the sector: Cellnex Telecom . The firm has established a