About This Deal
SBA Communications Corporation acquired Oi S.A. tower portfolio - 2,007 towers (Brazil) for $673.9 million cash, a transaction completed in March 2014, structured as all cash.
Oi S.A. tower portfolio - 2,007 towers (Brazil) operates in Wireless towers - Brazil, is based in Brazil. On March 31, 2014 SBA acquired 2,007 towers in Brazil from Oi S.A., under a definitive agreement SBA had entered into in December 2013. The purchase was made entirely in cash.
A second, larger tranche of Oi towers that continued SBA's Brazilian expansion.
Deal Terms
Acquirer
SBA Communications Corporation
Target
Oi S.A. tower portfolio - 2,007 towers (Brazil)
Value
$673.9 million cash
Date
March 2014
Type
Acquisition
Status
Ready
Transaction Details
Target HQ
Brazil
Segment
Wireless towers - Brazil
Structure
All cash
Announced
December 1, 2013
Closed
March 31, 2014
Advisors
Advisory firms were not disclosed for this transaction.
Related Deals & Entities
Sources:
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