The race for the towers of Deutsche Telekom has started ICT Business | TechBuzz

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The race for the towers of Deutsche Telekom has started

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Investment companies KKR, Global Infrastructure Partners (GIP) and Stonepeak Partners have joined forces and submitted a binding offer for a controlling stake in Deutsche Telekom’s (DT) portfolio. According to media reports, it is about 20 billion euros.

The offer thus automatically became competitive with a consortium of Canadian Brookfield Asset Management and Spanish Cellnex Telecom, which also submitted a bid for a stake in the German giant’s business. This was due to rumors that DT is leaving open the possibility of selling part of the property, so now we are waiting for a reaction to the offers.

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But they are not the only ones mentioned interested in what DT puts “on the table”. The story also includes the infrastructure subsidiary of the Vodafone group Vantage Towers, which is very interested in the business and is still considering whether to go it alone with the offer or will also include a partner in everything.

As for the rumors about the sale, which started everything … Namely, DT allegedly started the process of selling its 40,600 mobile constructions for radio towers and antennas, the so-called masts, in March this year. All with the aim of trying to maximize the value of infrastructure assets.

CEO Timotheus Hoettges has also expressed interest in finding partners for the tower-related business aspect in the past, but has failed to do so, so DT will have to do it this way.

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By the way, when it comes to the development of 5G infrastructure, DT is ahead of competitors such as O2 and Vodafone, at least when it comes to the scope of the network. According to OpenSignal analysts in the analysis, users spent 13.3 percent of their time with an active 5G connection using DT’s network, which is approximately twice as much as the experience of users who connected with second-placed Vodafone.

And this is just one of the details that make DT extremely desirable for investment, so there is no doubt that the aforementioned 20 billion euros, as much as is planned to be invested in the controlling stake, will be worthwhile invested money.

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