American Towers acquires mobile phone masts of Telefonica

Spanish telecom company Telefonica said on Wednesday it had agreed to sell its mobile phone masts owned by its Telxius division in Europe and Latin America to American Towers for 7.7 billion euros (an equivalent of $9.41 billion) in cash. Telxius, which is partly owned by investment fund KKR and Zara owner Amancio Ortega‚Äôs investment… Read More American Towers acquires mobile phone masts of Telefonica