Vodafone makes big play for EU 5G dominance with mobile tower IPO

Vodafone today revealed the creation of Europe‘s largest telecommunications infrastructure platform, Vantage Towers, which it says is already on track to go public with an IPO in Frankfurt next year.

Vantage Towers launches with over 68,000 towers across nine markets. A sizeable chunk of those come by way of a merger with Greece’s Wind Hellas and a 50% stake in UK’s leading telecoms infrastructure firm CTIL  the latter of which manages 14,300 towers.

All that new infrastructure will become “part of the essential consolidated grid of at least two of the largest mobile operators in markets where Vodafone has already agreed nationwide active sharing agreements, including Italy, Spain, Greece, the UK and Romania,” said Vodafone.

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