Article

Cellnex has sold its French data center business, Towerlink France, to Vauban Infra Fibre for €391 million, representing a 99.99 percent ownership stake. This divestment is part of Cellnex's strategy to focus on its core telecom infrastructure and improve its balance sheet for future investments across Europe. The company has previously sold other assets, including its Irish and Austrian operations, for significant amounts.