DigitalBridge to Acquire Telenet's Mobile Telecommunications Tower Business in Belgium

March 25, 2022

DigitalBridge Investments, LLC (an affiliate of DigitalBridge Group) has agreed to acquire Telenet Group Holding NV’s mobile telecommunications tower business (“TowerCo”) for €745 million (cash-free, debt-free). The deal will create Belgium’s first independent TowerCo, giving DigitalBridge ownership of 100% of Telenet’s tower and passive infrastructure assets, with 3,322 sites nationwide.

Buyers
DigitalBridge Investments, LLC, DigitalBridge Group, Inc.
Targets
Telenet Group Holding NV - mobile telecommunications tower business (“TowerCo”)
Sellers
Telenet Group Holding NV
Platforms
DigitalBridge Group, Inc.
Industry
Infrastructure
Location
Belgium
Transaction Type
Buyout

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