RCS - Cordiant Digital Inf - Emitel Acquires ATC Polska

Cordiant Digital InfrastructureAnnouncement

01/06/2023 07:00

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RNS Number : 2386B  Cordiant Digital Infrastructure Ltd  01 June 2023

 

1 June 2023

 

LEI: 213800T8RBBWZQ7FTF84

 

 

CORDIANT DIGITAL INFRASTRUCTURE LIMITED

 

EMITEL ACQUIRES ATC POLSKA

 

Cordiant Digital Infrastructure Limited, an operationally focused investor in
the essential digital infrastructure that powers modern communications and the
internet, announces that its portfolio company, Emitel S.A. ("Emitel"), has
acquired American Tower Corporation's subsidiary in Poland ("ATC Polska").

 

ATC Polska's portfolio will comprise of 65 modern lattice towers which are
leased to leading mobile network operator (MNO) tenants via inflation-linked
contracts with long tenors (average 14 years remaining on tenant lease
agreements). The portfolio has a low tenancy ratio providing available load
capacity for additional lease customers and is distributed across attractive
locations which complement Emitel's existing network.

 

The addition of ATC Polska increases Emitel's total site portfolio to 664, of
which over 630 will host telecom equipment. This further strengthens Emitel's
Telecom Infrastructure segment, where Emitel is a leading independent
developer and operator of telecom infrastructure and provides site hosting and
other services to MNOs such as Orange, Play and T Mobile.

 

Andrzej Kozlowski, Chief Executive Officer at Emitel said: "We are delighted
to announce the acquisition of ATC Polska. This portfolio is highly
complementary to Emitel's and this transaction will allow us to deepen our
relationship with key MNOs and bolster our high-growth Telecoms Infrastructure
segment."

 

Emitel is the largest operator of digital terrestrial television ("DTT") as
well as IPTV platforms, the leading radio broadcast emissions provider and a
leading provider of network neutral towers and fibre infrastructure in Poland.

 

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 8434 2643

 Public Relations Advisor

 Philip Dennis/Felicity Winkles/Ali AlQahtani

 

 

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