Actis-Led Consortium Acquires Telecom Tower Portfolio In Western Balkans

An Actis-led consortium has acquired the macro tower portfolio of Telekom Srbija, a leading telecommunications operator in the CEE region, across Serbia, Bosnia & Herzegovina and Montenegro.

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The carved-out portfolio is comprised of approximately 1.8k macro towers (of which c. 1.0k in Serbia, c.0.7k in Bosnia & Herzegovina, c. 0.1k in Montenegro) and is well placed for further commercialisation and expansion. As part of the transaction, an independent tower company has been established, fully controlled by Actis, which has entered into a long-term master services agreement (MSA) with Telekom Srbija as the tower company’s anchor tenant and important partner for future growth; the MSA contemplates build-to-suit (BTS) commitments to further expand the platform’s reach and to accommodate new telecommunications technologies that will be rolled out in the region.

You can now read the full press release at the link below