About This Deal
SBA Communications Corporation acquired Oi S.A. tower portfolio - 1,641 towers (Brazil) for $463.2 million cash, a transaction completed in December 2014, structured as all cash.
Oi S.A. tower portfolio - 1,641 towers (Brazil) operates in Wireless towers - Brazil, is based in Brazil. On December 1, 2014 SBA acquired an additional 1,641 towers in Brazil from Oi S.A., paid entirely in cash. It was the third SBA-Oi tower transaction and further consolidated SBA's Brazilian tower position.
Third tranche of Oi towers, extending SBA's Brazilian tower ownership.
Deal Terms
Acquirer
SBA Communications Corporation
Target
Oi S.A. tower portfolio - 1,641 towers (Brazil)
Value
$463.2 million cash
Date
December 2014
Type
Acquisition
Status
Ready
Transaction Details
Target HQ
Brazil
Segment
Wireless towers - Brazil
Structure
All cash
Closed
December 1, 2014
Advisors
Advisory firms were not disclosed for this transaction.
Related Deals & Entities
Sources:
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