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Connectivity 2 days ago

Telefonica flogs 30,000 masts to American Tower in €7.7 billion deal Spanish telecom giant Telefonica is selling off its cell tower portfolio to American Tower in a €7.7 billion euro deal. American Tower will take ownership of the 30,700 tower sites in Spain, Germany, Brazil, Peru, Chile and Argentina held by Telefonica unit Telxius Telecom.

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