Abertis Telecom rebrands terrestrial telecom unit ahead of flotation

Spanish transmission services provider Abertis Telecom is to rename its terrestrial telecommunications business Cellnex Telecom ahead of a planned flotation of the company.

Abertis Telecom Terrestre will be renamed Cellnex Telecom on April 1. The company serves about 100 million people across Europe with mobile infrastructure.

The company recently struck a major deal with Italian mobile operator Wind to acquire and manage a large proportion of its mobile telephone towers.