Asset ManagerChristopher Ehrke
Overview
- Sector digital
- Vehicle Managed Account
- Investment Year 2015
- Status Invested
- Country France
Key Metrics
- GRESB 2023 2nd out of 6 Telecom Towers
- Employees c.1,549
- % managed 45%
- Sites c.20,900
Market
- Attractive growth prospects for outsourced telecom site hosting with Free entrance, 4G roll-out and network densification requirements
- Stable and transparent regulatory environment
- The “France Très Haut débit” plan will be continued and amplified to accelerate the roll-out of fibre throughout the territory and reach full coverage by the end of 2025 at the latest.
Asset
- #1 broadcasting tower operator in France with 80% market share in DTT, >50% market share in radio and is also one of the largest outsourced mobile tower site hosting services provider with c.20% market share.
- Large scale and high-quality tower portfolio including unique, non-replicable sites with strong coverage
- National network of infrastructure with c.8,250 active sites, including c.600 rooftop sites, as well as 5,000 km of fibre backbone
- Secure asset base with 91% owned towers and 32% of towers built on owned land
- Long-term contracts (average 5 years secured for TV/radio and 10-20 years for telecoms) with blue-chip clients and historically low churn rates
- A leading independent operator of FTTH networks with over 750,000 plugs to roll-out in the Paris green-belt