Grain Management Investment PTI and Iliad Enter into Strategic Agreement in Italy
Boca Raton, Fl. (August 26, 2024)
Grain Management is pleased to announce that our recent investment, Phoenix Tower International (PTI), a leading global wireless infrastructure provider, reached a significant Build-to-Suit (BTS) agreement with Iliad, one of the fastest-growing mobile network operators (MNO) in Italy. This agreement encompasses the development of up to 1,900 new telecommunications sites in densely and averagely densely populated areas, further expanding and densifying Iliad’s a high-quality 4G/5G mobile network.
As part of this agreement, PTI offers Iliad long-term access to these sites under preferred conditions, supporting Iliad’s commitment to delivering high-quality mobile services to its rapidly growing customer base.
The completion of this transaction is subject to customary regulatory conditions.
“We are thrilled to enter into this strategic partnership with Iliad in Italy, a dynamic and innovative player in the telecommunications sector,” said Dagan Kasavana, CEO of Phoenix Tower International. “This transaction is perfectly aligned with our European growth strategy and enables us to strengthen our footprint in Italy. We look forward to supporting Iliad Group’s continued success and growth in this market and others.”
The collaboration between PTI and Iliad underscores PTI’s commitment to providing world-class infrastructure solutions that meet the evolving needs of Iliad.
Read the official press release here: https://www.phoenixintnl.com/news/phoenix-tower-international-and-iliad-enter-into-strategic-agreement-in-italy
About Phoenix Tower International
PTI, through its affiliates and subsidiaries, owns and operates over 24,000 telecom towers in North America, Europe, Latin America and the Caribbean. PTI was founded in 2013 with a mission to be a premier site provider to wireless operators across the world in high-growth markets. PTI is headquartered in Boca Raton, Florida. For more information, please visit www.phoenixintnl.com
About Grain Management
We believe broadband and digital infrastructure are foundational to the tech-enabled transformation occurring across all industries and facets of society. Our global team of seasoned and diverse professionals share a collective passion for the power of connectivity to strengthen communities and unlock human potential for all.
Founded in 2007, Grain Management is a leading, global investment firm. We specialize in digital infrastructure and are a trusted solutions provider to the broadband and communications industry. Our unique combination of sector knowledge, experience as operators, and disciplined analytical approach guide our differentiated investment strategy across fiber networks, data centers, wireless spectrum, cell towers, as well as managed and infrastructure services. For more information visit www.graingp.com.
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