25/05/2020 Deals

Arthur Cox is very pleased to have advised, with Freshfields Bruckhaus Deringer, Phoenix Tower International (“Phoenix”) on its agreement with eir to purchase over 650 existing wireless towers and acquire over 700 newly constructed wireless towers over 8 years across Ireland through a build-to-suit programme. Phoenix and eir have also established a long-term partnership whereby eir will occupy the sites for at least twenty years.

This transaction positions Phoenix as the largest tower infrastructure provider in Ireland, materially expands its growing footprint in Europe, and further solidifies the company’s leadership position in Europe, the United States, Latin America and the Caribbean.

The Arthur Cox team was led by Brian O’Gorman (Partner, Corporate and M&A) and Deirdre Sheehan (Partner, Real Estate).