OM:TEL2 BWireless Telecom
Tele2 (OM:TEL2 B) Valuation Check As Baltic Tower Carve Out Reshapes Its Infrastructure Model
Why Tele2’s Baltic tower carve out matters for shareholders
Tele2 (OM:TEL2 B) has completed the carve out of its Baltic tower and rooftop infrastructure, forming Baltic Tower Company UAB with GCI, backed by Manulife Investment Management, and securing a 20 year anchor tenant agreement.
This new pan Baltic tower company will own around 2,700 sites across Estonia, Latvia and Lithuania. This structure gives Tele2 long term access to critical infrastructure while separating ownership of these...