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American Tower (AMT) is buying 2K German cell sites from KPN for €393M ($502M). The deal,...

  • Thursday, November 15, 2012, 9:29 AM ET
    American Tower (AMT) is buying 2K German cell sites from KPN for €393M ($502M). The deal, expected to close in Q4, will give AMT a German presence for the first time - the cell tower owner already operates in India, South Africa, and several Latin American countries, in addition to the U.S. (PR)
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    Gotta love it.. the only country in Europe that can pay its bills so far.. no mention of it being accretive but I suspect management will do a great job in making this another great source of FCF
    15 Nov 2012, 04:31 PM Reply Like
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