Altice Europe has sold its 25% stake in the Portuguese tower company Omnel, held through its subsidiary Meo, to Cellnex for €200 million in cash.
Revenues rise at Altice Europe
Altice Europe’s revenues in France amounted €2,646 million in the third quarter, or 7.2% more than in the same period last year.
Altice closes Portuguese sale
Altice Europe has closed the sale of a 75% stake in the newly formed Tower of Portugal to a consortium including Morgan Stanley Infrastructure Partners and Horizon Equity Partners.
Altice to sell tower business stakes
Altice Europe is to sell equity stakes in its tower businesses in France and Portugal, retaining only minority holdings.