Macquarie Asset Management announced yesterday (4 May) that funds managed by the group have concluded the sale of Czech telecoms transmission company Ceske Radiokomunikace (CRa) to UK-based investment firm Cordiant Digital Infrastructure. No financial details of the deal which ends Macquarie’s ten-year association with CRa were disclosed.
Commenting, Cordiant Digital Infrastructure chairman Steven Marshall, said: ‘Ceske Radiokomunikace is a national champion with an unrivalled portfolio of assets in a core European country. We are delighted to be partnering with their strong management team, its employees and other stakeholders in order to continue building Ceske Radiokomunikace as a leading digital infrastructure platform serving the broadcast, telecommunications and data centre markets.’
The press release noted that CRa is a leading telecommunications, media and technology infrastructure and services provider in the Czech Republic. It operates a portfolio of 660 telecommunications towers, with 86 television and 97 radio broadcasting sites, and 3,730km of fibre. In addition to supporting nationwide broadcasting and connectivity, CRa offers cloud and data centre solutions, and has led the development of IoT technology throughout the country.