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Telxius Expands Its Tower Business with Its Launch in Argentina

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Telxius Expands Its Tower Business with Its Launch in Argentina TELXIUS EXPANDS ITS TOWER BUSINESS WITH ITS LAUNCH IN ARGENTINA Madrid, 18 January 2017.- Telxius, Telefónica’s telecommunications infrastructure company, has reached an agreement with TMA (Telefónica Móviles Argentina) to acquire approximately 350 towers located in the Metropolitan Area of Buenos Aires (AMBA). They are the first towers to be acquired in Argentina by Telxius, which positions itself as one of the first international companies in the sector to enter the Argentine market. In addition to the fact that a strong increase in mobile data traffic is forecast throughout the world in the next few years, the growth potential of the tower sector in Argentina is particularly high, as it is a market with its own populational and geographical characteristics and a high latent demand. Similarly, unlike other countries in the region, where companies with this kind of infrastructure already have an emerging tower portfolio, in Argentina almost all of the towers remain in the hands of mobile operators. Argentina is estimated to have a deficit of more than 20,000 towers. “Argentina is a market which will need to put thousands of towers into operation within a few years in order to meet the huge traffic demand envisaged. It is, therefore, an operation which will not only enable us to exercise a position of leadership in a market with excellent growth expectations, but also to expand our exposure to the attractive tower business,” declared Alberto Horcajo, CEO of Telxius. With the operation, which is expected to be completed in the first half of 2017, Telxius will expand its presence in the tower sector in Latin America, where it already has 2,831 towers in Brazil, Chile and Peru, together with further 13,100 in Spain and Germany. Telxius ended 2016 with pro forma revenues and OIBDA of approximately 690 million Euros and 325 million Euros respectively. About Telxius Telxius, created in 2016, is the global telecommunications infrastructure company of the Telefónica Group. It is aimed at capturing the exponential increase in data traffic expected in the coming years. With nearly 16,000 telecommunications towers in five countries, Telxius has one of the most extensive tower catalogues in the market among independent infrastructure companies, making it the market leader in Spain and Germany and one of the main suppliers in the tower sector in Brazil, Chile and Peru. With a high-capacity international cable network, Telxius manages 65,000 kilometers of submarine fibre optic cables connecting Europe and America, of which 31,000 kilometers are owned by Telxius. The Telxius-owned network includes, among other cables, SAM-1, the submarine cable system which has connected the United States with Central America and South America since the year 2000, PCCS (Pacific Caribbean Cable System), which connects the US, Puerto Rico, Curazao, Colombia, Panama and Ecuador, and Unisur, which connects Uruguay and Argentina. BRUSA, the new submarine cable almost 11,000 kilometers long that will connect Brazil, Puerto Rico and the US, as well as MAREA, a cable which will link the United States and Europe, in partnership with Google and Facebook, will both be operational in 2018. Telxius – Contact 91 - 4831743 [email protected] .
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