Cellnex Considers Selling French Data Centre Unit, Sources Say: U.S. News & World Report

Cellnex, a leading European telecommunications infrastructure company, is reportedly exploring the sale of its French data centre unit, according to sources familiar with the matter.

The move comes as Cellnex seeks to streamline its operations and focus on its core business of providing infrastructure for mobile networks. The French data centre unit, which operates several data centres across the country, could fetch a significant sum if sold.

Sources say that Cellnex has already received interest from potential buyers, including private equity firms and other telecommunications companies. The company is said to be in the early stages of exploring a potential sale and has not yet made a final decision on whether to proceed.

If Cellnex does decide to sell its French data centre unit, it could mark a significant shift in the company’s strategy. Cellnex has been rapidly expanding its presence in the telecommunications infrastructure market in recent years, acquiring a number of assets across Europe.

The potential sale of the French data centre unit could also have broader implications for the telecommunications industry in Europe. Data centres play a critical role in supporting the growing demand for digital services, and a sale of Cellnex’s unit could reshape the competitive landscape in the region.

For now, Cellnex has not commented on the reports of a potential sale. However, industry analysts will be closely watching to see how the company’s strategic decisions unfold in the coming months.