RCS - Cordiant Digital Inf - CRA New Contract with T-Mobile

Cordiant Digital InfrastructureAnnouncement

12/07/2023 07:00

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RNS Number : 6960F  Cordiant Digital Infrastructure Ltd  12 July 2023

CORDIANT DIGITAL INFRASTRUCTURE LIMITED

 

 

CRA New Contract with T-Mobile

 

 

 

Cordiant Digital Infrastructure Limited, the sector-focused specialist owner
and operator of Digital Infrastructure that enables modern communications and
the internet, is pleased to announce that its portfolio company, České
Radiokomunikace a.s. (CRA) has signed a new 15-year contract with an existing
customer, the blue-chip mobile operator T-Mobile for the lease of space on
CRA's telecommunications tower portfolio.

 

The new contract replaces and expands the scope of the existing contract with
T-Mobile. Under the previous arrangements, T-Mobile used CRA's facilities at
202 sites, which is now expanded to access all 610 telecoms sites owned by
CRA. The new contract with CRA will bring T-Mobile greater flexibility in
installing 5G equipment and greater signal availability, primarily in rural
areas.

 

The contract, which runs to 2038, improves CRA's visibility over future
revenues and provides the opportunity to grow revenues by leasing additional
tower space to T-Mobile.

 

CRA's CEO, Miloš Mastnik said, "Our infrastructure is unique, both in Czech
and in European terms. We are glad that our clients appreciate its quality and
that it is helping us improve our services for end users of mobile services.
We are pleased that we can be a long-term and stable partner for our clients,
which is reflected in the duration of the contract we have signed."

 

About CRA

CRA is a diversified digital infrastructure company, operating mobile towers,
a broadcast network, data centres, a fibre network and Internet of Things
networks serving utilities. The company has a history of offering superior
customer service, increasingly through integrated solutions spanning the
spectrum of digital infrastructure.

 

 

For further information, please visit www.cordiantdigitaltrust.com
(http://www.cordiantdigitaltrust.com/)  or contact:

 

 Cordiant Capital, Inc.                             +44 (0) 20 7201 7546

 Investment Manager

 Stephen Foss, Managing Director
 Aztec Financial Services (Guernsey) Limited        +44 (0) 1481 74 9700

 Company Secretary and Administrator

 Chris Copperwaite / Laura Dunning
 Celicourt                                          +44 (0) 20 7770 6424

 Public Relations Advisor

 Philip Dennis / Felicity Winkles / Ali AlQahtani

 

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