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Vodafone NZ seals $1.7b sale of mobile towers

Infratil/Brookfield company sells 80% stake to global investors InfraRed and Northleaf.

Vodafone NZ CEO Jason Paris.

Will Mace Mon, 18 Jul 2022

Vodafone New Zealand said it intends to sell an 80% stake in its mobile tower assets for $1.7 billion, with global investors InfraRed Capital Partners and Northleaf Capital Partners taking 40% each.

The price represents a pro-forma multiple of 33.8x, based on the assets’ forecast earnings before

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Will Mace Mon, 18 Jul 2022
Contact the Writer: william@nbr.co.nz
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Vodafone NZ seals $1.7b sale of mobile towers
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