02.08.2021
DGAP-News:Telefónica Deutschland Holding AG: Completed transfer of ~4,100 mobile sites in second and final tranche to Telxius
DGAP-News: Telefónica Deutschland Holding AG / Key word(s): Disposal
Telefónica Deutschland Holding AG: Completed transfer of ~4,100 mobile sites
in second and final tranche to Telxius
02.08.2021 / 17:52
The issuer is solely responsible for the content of this announcement.
Munich, 2 August 2021
Telefónica Deutschland: Completed transfer of ~4,100 mobile sites in second
and final tranche to Telxius
On 8 June 2020, Telefónica Deutschland announced a comprehensive agreement
with Telxius Telecom S.A. (Telxius) on the spin-off and sale of the
operations of its passive infrastructure on c. 10,100 mobile sites in two
tranches for a total purchase price of EUR 1.5 billion. (Link to news)
Today, in execution of the obligations under the agreement, the two
companies have completed the full transfer of the ownership of shares in
Telefónica Germany Zweite Mobilfunk Standortgesellschaft mbH which owns the
4,062 rooftop sites and 18 tower sites of the second and final tranche to
Telxius.
As agreed, the total purchase price of EUR 604 million for the above sites
will be paid in two instalments, 85% of the purchase price in H2 2021 and
the remaining 15% in Q3 2025.
Further information:
Telefónica Deutschland
Investor Relations
Georg-Brauchle-Ring 50
D-80992 München
t +49 (0)89 2442-1010
f +49 (0)89 2442-2000
e ir-deutschland@telefonica.com
02.08.2021 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Language: English
Company: Telefónica Deutschland Holding AG
Georg-Brauchle-Ring 50
80992 München
Germany
Phone: +49 (0)89 24 42 0
Internet: www.telefonica.de
ISIN: DE000A1J5RX9
WKN: A1J5RX
Listed: Regulated Market in Frankfurt (Prime Standard);
Regulated Unofficial Market in Berlin, Dusseldorf,
Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1223431
MDAX TecDAX
End of News DGAP News Service
1223431 02.08.2021