Vantage Towers AG: Vantage Towers completes acquisition in Greece

Düsseldorf (pta032/25.03.2021/15:20 UTC+1)

NOT FOR DISTRIBUTION OR ANNOUNCEMENT, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR ANNOUNCEMENT WOULD BE UNLAWFUL

• Vantage Towers buys out the outstanding 38% of Vantage Towers Greece 
• Vodafone Greece and Wind Hellas continue as committed anchor tenants

Düsseldorf, 25th March 2021 - Vantage Towers announces that it has completed the option to purchase the remaining 38% of Vantage Towers Greece for a consideration of €288 million, taking its shareholding to 100%.  

Vivek Badrinath, Vantage Towers Chief Executive: 

"Today we are executing the full acquisition of Vantage Towers Greece, the largest tower operator in the country. With significant commitments from two of the leading Greek mobile operators, Greece is one of our biggest and most important markets to contribute to better connectivity and a sustainable digitalization of Europe."

Athanasios Exarchos, Managing Director Vantage Towers Greece:

"Today´s acquisition represents yet another major milestone for Vantage Towers Greece. Our strong and market leading portfolio of more than 5.000 sites across the country support broadband connectivity expansion and new innovative services in the most efficient and environmentally friendly way."

About Vantage Towers

Vantage Towers is a leading towers company in Europe with approximately 82,000 macro sites in 10 countries, connecting people, businesses and devices in cities and rural areas.

The company was founded in 2020. Its headquarters are in Düsseldorf, Germany. Since 18 March 2021, Vantage Towers is listed in the Prime Standard of Deutsche Börse in Frankfurt. 

Vantage Towers’ portfolio includes towers, masts, rooftop sites, Distributed Antenna Systems (DAS) and Small Cells. By building, operating and leasing this passive infrastructure to Vodafone and other network operators, Vantage Towers is making a significant contribution to better connectivity and the sustainable digitization of Europe.

For more information, please visit www.vantagetowers.com, follow us on Twitter at @VantageTowers or connect with us on LinkedIn at https://www.linkedin.com/company/vantagetowers.

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Emitter:	Vantage Towers AG Prinzenallee 11-13 40549 Düsseldorf Germany
Contact Person:	Sarah Roetzer
Phone:	+49 172 2000038
E-Mail:	Sarah.Roetzer@vodafone.com
Website:	www.vantagetowers.com
ISIN(s):	DE000A3H3LL2 (Share)
Stock Exchange(s):	Regulated Market in Frankfurt