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Goldman Sachs hired for $20bn Deutsche Telekom towers sale

Cellnex and American Tower are reportedly racing to purchase all or part of the real estate as the firms push ahead with their 5G roll-outs.

By João Marques Lima

Founder and Editor, The Tech Capital

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March 21, 2022 | 1:00 AM GMT

Goldman Sachs hired for $20bn Deutsche Telekom towers sale

Timotheus Höttges, Chief Executive Officer (CEO) Deutsche Telekom AG. Source: Deutsche Telekom

The Tech Capital

German telecom giant Deutsche Telekom (ETR: DTE) plans to sell its mobile towers business unit in a transaction close to €18 billion (US$19.86 billion).

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João Marques Lima

Founder and Editor, The Tech Capital

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