Cellnex eyes having 200,000 masts from planned 130,000

FILE PHOTO: A telecom antenna of Spain's telecoms infrastructures firm Cellnex are seen under main telecom tower, known as
FILE PHOTO: A telecom antenna of Spain's telecoms infrastructures firm Cellnex are seen under main telecom tower, known as "Piruli", in Madrid, Spain, March 10, 2016. REUTERS/Sergio Perez

October 28, 2021

BARCELONA (Reuters) – Europe’s largest mobile phone tower operator Cellnex eyes having 200,000 sites, up from the 130,000 it plans to have by 2030 in 12 European countries after finalising its acquisitions, chief executive Tobias Martinez said on Thursday.

In a conference call with analysts, Martinez said to reach that figure the company would need to enter new countries but he added it had no rush to expand in Europe, including its interest in trying to enter the German market.

(This story corrects headline and lead with 2030 reference related to the planned 130,000 masts)

(Reporting by Joan Faus, editing by Clara-Laeila Laudette)