CHICAGO–(BUSINESS WIRE)–Equity International (“EI”), the emerging markets-focused investment firm founded by Sam Zell, announced today that it has closed on its first investment in telecommunication infrastructure. EI invested $50 million in Digital Bridge’s Andean Tower Partners (ATP), alongside other institutional investors including The Olayan Group and TC Latin America Partners. In aggregate the partnership’s capital raise totaled $150 million. ATP owns and operates passive telecom infrastructure solutions through towers, rooftops, small cells, and DAS (distributed antenna systems) that enable mobile connectivity in the Andean region. Proceeds will be used to support ATP’s growth in developing mobile and internet infrastructure
Keep reading this article on businesswire
source http://www.omnipopmag.com/2017/03/17/equity-international-closes-first-investment-in-telecom-infrastructure/
No comments:
Post a Comment