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Cignal sale,mobile masts

  • 11-09-2019 8:00am
    #1
    K.G.
    Moderators, Society & Culture Moderators Posts: 3,357 Mod ✭✭✭✭


    I see there cignal have been sold in a deal that values each site at 384k each.have many sold their rights to them


Comments

  • #2
    alps
    Registered Users, Registered Users 2 Posts: 5,193 ✭✭✭alps


    K.G. wrote: »
    I see there cignal have been sold in a deal that values each site at 384k each.have many sold their rights to them

    You're being mischievous...there must be a whole lot more infrastructure to the company than just sites...

    300 sites bought from coillte is massive though..


  • #3
    whelan2
    Registered Users, Registered Users 2 Posts: 30,216 ✭✭✭✭whelan2


    Some crowd were on to us about selling leases to our masts


  • #4
    Lime Tree Farm
    Registered Users, Registered Users 2 Posts: 2,883 ✭✭✭Lime Tree Farm


    https://www.irishtimes.com/business/technology/irish-telco-cignal-acquired-by-spain-s-cellnex-in-210m-deal-1.4013554


  • #5
    K.G.
    Moderators, Society & Culture Moderators Posts: 3,357 Mod ✭✭✭✭K.G.


    alps wrote: »
    You're being mischievous...there must be a whole lot more infrastructure to the company than just sites...

    300 sites bought from coillte is massive though..

    Absolutely
    Im sure the equipment in there is eye watering expensive and maybe there is anothee strand to the business but it still no harm to just recognize the value this deal places on each site


  • #6
    alps
    Registered Users, Registered Users 2 Posts: 5,193 ✭✭✭alps


    K.G. wrote: »
    Absolutely
    Im sure the equipment in there is eye watering expensive and maybe there is anothee strand to the business but it still no harm to just recognize the value this deal places on each site

    For sure


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  • #7
    freedominacup
    Registered Users, Registered Users 2 Posts: 7,920 ✭✭✭freedominacup


    K.G. wrote: »
    Absolutely
    Im sure the equipment in there is eye watering expensive and maybe there is anothee strand to the business but it still no harm to just recognize the value this deal places on each site

    €100,000 per site to acquire and set up according to the article. They plan to spend €60 million on 600 new sites.


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