Phoenix Tower International (“Phoenix”)
announced yesterday it has closed its agreement with Monaco Telecom to
purchase over 830 wireless towers and acquire newly constructed wireless
towers over six years across Malta and Cyprus through a build-to-suit
(BTS) program. The acquisition, according to Phoenix’s CEO Dagan
Kasavana, makes them the largest tower infrastructure provider in both
countries.The partnership established with Monaco Telecom through this
deal will see the operator occupy the sites for at least twenty years.
In Malta and Cyprus, Phoenix will operate the neutral host independent
tower model to facilitate increased coverage expansion for all wireless
operators and ultimately increased connectivity for the populations of
both countries.
Phoenix also expanded its European footprint in Ireland and France
through further tower acquisitions that closed in the last month and are
now being integrated into the established operations in each country.
This brings the total added, year to date, to 274 sites. Continue Reading
Thursday, July 15, 2021
Phoenix Tower Expands Its Footprint Across Malta and Cyprus
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