
Cellnex Commences $2 Billion Sale of Swiss Unit Amidst Strategic Restructuring
In a significant move within the telecommunications infrastructure sector, Spanish telecom tower operator Cellnex is reported to have initiated the sale process of its Swiss unit, aiming to raise approximately $2 billion. This strategic divestment underscores Cellnex's ongoing efforts to streamline its operations and focus on core markets, reflecting a broader trend in the industry whereby companies are strategically realigning their assets to optimize growth and returns.
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Cellnex Plans Significant Stock Buyback of Up to $800 Million in 2025
In a strategic move to enhance shareholder value, telecommunications infrastructure company Cellnex has announced its intent to repurchase shares worth as much as $800 million throughout 2025. This decision reflects the company's ongoing commitment to return capital to its investors while navigating the evolving landscape of the telecom sector.
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Oscar Fanjul Appointed as New Chair of Cellnex, Succeeding Anne Bouverot
Cellnex Telecom SA, the largest wireless tower operator in Europe, named Oscar Fanjul to succeed Anne Bouverot as chairman as the fast-expanding telecom infrastructure company refreshes its leadership.
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