
A proposed deal is under review by the Competition and Markets Authority (CMA), in which Cellnex has agreed to buy Three’s UK passive infrastructure assets, is one of a series of transactions, worth £8.6 billion (US$11.9 billion) in total, involving the sale of CK Hutchison’s assets in several European countries. Passive infrastructure assets are structures, such as towers and masts, that mobile network operators, and other wireless communication network providers, attach electronic equipment to in order to operate their networks.
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