Omtel
Company

date founded

Financing round

General

About Company
OMTEL is a Portuguese company that designs, constructs, maintains, and audits mobile antenna structures to optimize communication networks.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2011

Company Type

For Profit

IPO status

Private

Description

OMTEL operates a network of telecommunications towers throughout mainland Portugal, the Azores, and Madeira, providing mobile connectivity solutions. In January 2020, the company was acquired by Cellnex Telecom, making it the first independent company in Portugal to own a network of support structures for mobile antennas.
Contacts
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M&A Details
1

Acquired by

Cellnex Telecom Sau

announced date

02.01.2020

price

$893.64M
Local Amount - EUR 800M

Financials

Co-Investors

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