Spain's Cellnex snags Arqiva's telecoms unit for £2bn to become the UK's 'largest' wireless infrastructure operator

Spanish towerco Cellnex Telecom is set to buy Arqiva's telecoms subdivision for £2bn in a deal it claims will make it the largest independent operator of wireless infrastructure in Blighty. The acquisition will add around 8,300 sites to Cellnex's portfolio, with the firm also gaining concessions to use street infrastructure in …

[John Brown (no body)]

People power

At least People Power was the claim when UK PLC started to sell off the family silver national infrastructure, but now not only are most of the shares in the hands of equity funds and/or large multi-nationals, it seem like most of our national infrastructure is owned by EU companies from Spain, France, Germany and Italy.

I wonder just how much sovereign control the UK will actually have?

[Yet Another Anonymous coward]

Re: People power

You only have to worry about foreign control if it's Huawei, any other chinese companies (like Motorola and Lenovo) are fine.

European companies are completely fine because you are a member of the various courts and elected bodies that control their operations.

[Anonymous Coward]

Re: People power

The irony is strong with this one.

[Anonymous Coward]

Re: People power

Nobody mention that word please.

[IGotOut]

Re: People power

... worry about foreign control if it's Huawei...Motorola and Lenovo are fine.

It's almost like those two don't have competition with more expensive and less competitive US rivals.

[werdsmith]

Seems like a solid investment, antenna locations are going to be needed more so with the increase in performance and capacity expected of mobile devices.

Unless there is suddenly a breakthrough low latency remote connectivity solution that appears and blow it all away. Think microcells in every street light and road sign, repeaters buried under road surfaces.