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Phoenix Tower International's Bold Move in France

In a significant step for the telecommunications industry, Phoenix Tower International (PTI) has announced its entry into exclusive negotiations to acquire approximately 3,700 wireless sites from Bouygues Telecom and SFR. This acquisition, if successful, will solidify PTI's standing as a leading tower company within the French telecommunications market.

Strategic Portfolio Expansion

PTI's goal with this acquisition is to expand its existing portfolio in France to nearly 10,000 sites. This is an ambitious move that reflects PTI's overarching strategy to provide robust infrastructure solutions in high-growth markets. The sites in question are part of a joint venture, Infracos, where both Bouygues Telecom and SFR hold equal stakes. This strategic investment is not just a numbers game; it will also support the rollout of critical 5G telecommunications, marking a new chapter for PTI's operations in the country.

Having first entered the French market back in 2020, PTI's objective was to increase mobile network coverage in underserved rural areas. The company has since expanded its presence by acquiring two portfolios of high-density urban rooftop sites in 2023. The latest move to negotiate for medium-density suburban sites represents a strategic pivot that enables PTI to cater to diverse geographic needs across France.

Commitment to High-Quality Infrastructure

According to Dagan Kasavana, the CEO of PTI, this transaction is a natural progression in their growth trajectory, supported by strong existing partners. The acquisition aims to further facilitate Bouygues Telecom and SFR's 5G rollouts while ensuring high-quality services for their customers. Kasavana expressed pride in strengthening PTI's footprint in France and enhancing partnerships with established telecom providers.

Benoît Torloting, the CEO of Bouygues Telecom, echoed similar sentiments, highlighting their commitment to enhancing telecommunications infrastructure in France. He emphasized the importance of this collaboration in securing the best possible experience for users.

Olivier Tailfer, Director of Networks at SFR, also noted that the joint venture has been essential for the deployment of high-quality telecom infrastructure. The completion of this transaction would allow both companies to transition into a new phase of continued excellence in mobile network operations.

Future Outlook

Should the negotiations culminate successfully, PTI will operate approximately 33,000 towers across Europe, boosting its profile in the global telecommunications landscape. This extensive portfolio would significantly enhance PTI's capability to meet the increasing demand for advanced connectivity solutions.

As this deal unfolds, it will require consultation with the French works council and regulatory approvals, typical for substantial transactions of this nature. The anticipation of this deal reflects a pivotal moment for PTI as it aims to set a standard in the telecommunications industry, not only in France but also on an international scale.

Overall, PTI's efforts to fortify its presence in France exemplify their commitment to driving technological advancements in the telecommunications sector. With a strategic vision for sustainable growth, the company looks poised to redefine the landscape of connectivity in France and beyond. The journey forward may be challenging, but the potential rewards of providing top-tier infrastructure in a rapidly evolving market are undeniable.

For more information about Phoenix Tower International and its projects, visit their official website at www.phoenixintnl.com.