• Subscribe to our Daily News Emails
  • Advertise
    • Media Info
    • Terms & Conditions for Advertisers
    • Mechanical Data

Broadband TV News

Independent. Since 2003

  • Home
  • News Line
    • Central & East Europe
    • People
  • TV
    • On Demand/VOD
    • IPTV
    • Cable
    • Satellite
    • Terrestrial
    • Distribution
  • Business
  • Tech
  • Events
    • Events Diary
    • BTN Events
    • Events Coverage
    • Submit the details of your event
  • Features
  • Resources
    • White Papers

Cellnex to buy Hivory

March 4, 2021 11.04 Europe/London By Chris Dziadul

Cellnex has reached an exclusivity agreement with Altice France and Starlight to buy 100% of Hivory in France.

Hivory is a telco tower operator that manages the 10,500 sites that mainly serve SFR as anchor tenant.

The transaction, which is worth €5.2 billion and expected to close in the second half of this year, will be accompanied by an eight-year programme involving a further €0.9 billion for the roll-out of up to 2,500 new sites, among other projects.

Commenting on the transaction, Cellnex CEO Tobías Martínez underlined “the importance of an agreement that emphasises the rationale behind the business model and value proposal of neutral and independent telecommunications infrastructure operators. With the acquisition of Hivory, which will have to receive the green light from the competition authority, we will now be working in France with three of the big mobile operators in this market as anchor tenants, fostering infrastructure sharing; freeing up financial resources for those MNOs; enhancing rationalisation processes of existing sites; and accelerating the deployment of new sites that ensure both an efficient and seamless extension of 5G coverage in the country and the effective fulfilment of an objective that is also shared by the players in the sector: eliminating “non spot areas” or zones without proper coverage in the country”.

Cellnex has also announced that it plans to launch a new rights issue for up to €7 billion. With it the company plans to finance a portfolio of projects that could reach up to €18 billion following its completion.

  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on X (Opens in new window) X
  • Click to share on LinkedIn (Opens in new window) LinkedIn
  • Click to share on WhatsApp (Opens in new window) WhatsApp

Related

Filed Under: Newsline Tagged With: Altice France, Cellnex, France, Hivory, Starlight Edited: 5 March 2021 13:20

Avatar photo

About Chris Dziadul

Latest News

  • MultiChoice planning revamp of DStv service
  • Eutelsat confirms UK involvement in capital increase
  • Broadcasters confirmed for Ligue 1 football coverage
  • DVB releases findings from Film Grain Synthesis study
  • TVP VOD reports large increase in linear channel streaming

Most Popular

  • MultiChoice planning revamp of DStv service
    MultiChoice planning revamp of DStv service
  • Broadcasters confirmed for Ligue 1 football coverage
    Broadcasters confirmed for Ligue 1 football coverage
  • Sky adds new rewards to loyalty programme
    Sky adds new rewards to loyalty programme
  • Eutelsat confirms UK involvement in capital increase
    Eutelsat confirms UK involvement in capital increase
  • Warner Bros Discovery confirms Wimbledon plans
    Warner Bros Discovery confirms Wimbledon plans
  • Disney+ and ITVX agree reciprocal content share 
    Disney+ and ITVX agree reciprocal content share 
  • DAZN picks up international rights to Serie A 
    DAZN picks up international rights to Serie A 

White Paper

Eutelsat planning capital increase to become European Starlink

The French state has bolstered its take in Eutelsat as part of a €1.35 billion capital increase. … [Download the White Paper ...]

Broadband TV News

  • Subscribe
  • About us
  • Contacts
  • Logos & Pictures
  • Privacy Policy
  • Terms and Conditions

Advertising

  • Media Info
  • Terms & Conditions
  • Mechanical Data
  • Video Services

News

  • Latest
  • Central & East Europe
  • TV
  • Tech
  • Streaming
  • Cable
  • Satellite
  • Terrestrial
  • IPTV
  • Business
  • People

Events

  • Events Diary
  • BTN Events
  • Submit the details of your event
  • Media Meet & Greet

Editorial

PO Box 499
Cambridge
United Kingdom
CB1 0AH
news@broadbandtvnews.com

Commercial

Arundel View Cottage
Wepham
West Sussex
BN18 9RA
sales@broadbandtvnews.com

Connect with Us

 

Copyright © 2025 Broadband TV News LLP · Log in

 

Loading Comments...
 

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.