Sunday, June 1, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Cellnex says inflation has shut down European phone masts market

by Reuters
November 20, 2022
in Stock Market
Reading Time: 1 min read
A A
0
Home Stock Market
Share on FacebookShare on Twitter


© Reuters. FILE PHOTO: A telecom antenna of Spain’s telecoms infrastructures firm Cellnex are seen under main telecom tower, known as “Piruli”, in Madrid, Spain, March 10, 2016. REUTERS/Sergio Perez/File Photo

MADRID (Reuters) – The European mobile towers market is “pretty much closed” as rising inflation makes it harder for companies to finance new deals and the availability of assets declines, the chief executive of Cellnex told the Financial Times.

“M&A activity is over. Material, inorganic growth, for the next 24 months is over,” Tobías Martínez Gimeno told the newspaper in reference to the overall market.

Negative interest rates over the past few years meant that “money was almost free”, added the CEO of Cellnex, Europe’s largest mobile phone tower operator, allowing the company to buy up 130,000 towers across 12 countries.

When interest rates were low and debt was cheap, mobile towers were among the most attractive assets in telecoms. But since June, the share prices of most tower groups have fallen as rising rates have driven up costs.



Source link

Tags: CellnexEuropeanInflationMarketmastsPhoneshut
Previous Post

Mother Dairy hikes full-cream milk price, token milk in Delhi-NCR

Next Post

SNM Trading Over $4 After Surging Over the Last 24-48 Hours By CoinEdition

Related Posts

Catalyst: Solid Business Model Propels Growth For This Buy And Build Pharma (NASDAQ:CPRX)

Catalyst: Solid Business Model Propels Growth For This Buy And Build Pharma (NASDAQ:CPRX)

by Out of Ignorance
May 31, 2025
0

This text was written byObserveWriting beneath the pseudonym "out of ignorance", I very a lot regard investing as a studying...

Dividend Champion, Contender, And Challenger Highlights: Week Of June 1

Dividend Champion, Contender, And Challenger Highlights: Week Of June 1

by Index Investing News
May 31, 2025
0

This textual content was written by Justin Laws has a Ph.D in Chemistry from Rice Faculty and has earned the...

John Hancock Income Fund Q1 2025 Commentary (JHFIX)

John Hancock Income Fund Q1 2025 Commentary (JHFIX)

by John Hancock Investment Management
May 31, 2025
0

This text was written byObserveAn organization of Manulife Funding Administration, John Hancock Funding Administration serves traders via a singular multimanager...

Report: Tariff Influence on B2B Resale Market

Report: Tariff Influence on B2B Resale Market

by Index Investing News
May 30, 2025
0

As tariff threats proceed to disrupt world present chains and drive up retail prices, every retailers and clients are rethinking...

EIM: Diversified Muni CEF For Monthly Income With Improving Distribution Coverage

EIM: Diversified Muni CEF For Monthly Income With Improving Distribution Coverage

by Nick Ackerman
May 30, 2025
0

This text was written byComply withNick Ackerman is a former monetary advisor utilizing his expertise to supply protection on closed-end...

Why I Imagine Tesla Will Quickly Grow to be Unprofitable (NASDAQ:TSLA)

Why I Imagine Tesla Will Quickly Grow to be Unprofitable (NASDAQ:TSLA)

by Index Investing News
May 31, 2025
0

This textual content was written by Hiya there, welcome to my profile. My establish is Eugenio Catone, I reside in...

Next Post
SNM Trading Over  After Surging Over the Last 24-48 Hours By CoinEdition

SNM Trading Over $4 After Surging Over the Last 24-48 Hours By CoinEdition

GBTC Bitcoin discount nears 50% on FTX woes as investors stock up

GBTC Bitcoin discount nears 50% on FTX woes as investors stock up

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Top Wall Street analysts prefer these dividend stocks for consistent returns

Top Wall Street analysts prefer these dividend stocks for consistent returns

June 1, 2025
Cory Booker makes controversial ‘Nazi’ gesture at convention, Elon Musk reacts

Cory Booker makes controversial ‘Nazi’ gesture at convention, Elon Musk reacts

June 1, 2025
Ethereum Climbs In Key Channel After Triple Consolidation Setup

Ethereum Climbs In Key Channel After Triple Consolidation Setup

June 1, 2025
UK to dramatically increase weapons production — RT World News

UK to dramatically increase weapons production — RT World News

June 1, 2025
Dingdong Stock: Steady Growth Amid Margin Pressure, Waiting Better Entry Point (NYSE:DDL)

Dingdong Stock: Steady Growth Amid Margin Pressure, Waiting Better Entry Point (NYSE:DDL)

June 1, 2025
BAD OMEN? Lights Go Out in Bill Maher’s Studio When He Brings Up Joe Biden’s Mental Decline (VIDEO) | The Gateway Pundit

BAD OMEN? Lights Go Out in Bill Maher’s Studio When He Brings Up Joe Biden’s Mental Decline (VIDEO) | The Gateway Pundit

June 1, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Top Wall Street analysts prefer these dividend stocks for consistent returns

Cory Booker makes controversial ‘Nazi’ gesture at convention, Elon Musk reacts

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In