|Bid||47.08 x 0|
|Ask||47.11 x 0|
|Day's Range||46.52 - 47.13|
|52 Week Range||33.40 - 57.86|
|Beta (5Y Monthly)||0.37|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 04, 2020|
|Forward Dividend & Yield||0.07 (0.15%)|
|Ex-Dividend Date||Nov 23, 2020|
|1y Target Est||23.19|
Cellnex, the Spanish telecoms infrastructure company, would be interested in buying into Telefonica's mobile towers business should the opportunity arise, CEO Tobias Martinez said on Thursday. The expression of interest by Martinez came after Telefonica Chief Operating Officer Angel Vila said the company would consider relinquishing control to give its Telxius subsidiary more headroom to grow.
Spanish mobile phone mast operator Cellnex unveiled its biggest purchase to date on Thursday with a deal to buy 24,600 telecom towers across Europe from Hong Kong's CK Hutchison for 10 billion euros ($11.81 billion). The deal covers assets in Italy, Britain and Ireland, where Cellnex already operates, and marks its entry into Austria, Sweden and Denmark.
Cellnex said on Wednesday it was in advanced talks with CK Hutchison on potential deals but that details were still under discussion after the Hong Kong conglomerate said they were nearing transactions worth 10 billion euros ($11.67 billion). Such a deal would come on top of 6.9 billion euros in investments that Cellnex has announced or completed so far this year. Since listing in 2015, Cellnex has amassed a portfolio of 73,000 mast sites in nine countries.