About This Deal

SBA Communications Corporation acquired Vivo S.A. tower portfolio (Brazil) for approximately $175.9 million, a transaction completed in December 2012, structured as all cash.

Vivo S.A. tower portfolio (Brazil) operates in Wireless towers - Brazil, is based in Brazil. On December 20, 2012 SBA acquired 800 freestanding wireless towers in Brazil from Vivo S.A. (Telefonica's Brazilian operator). The purchase price was paid on January 4, 2013 from cash on hand and revolving-credit borrowings. This was SBA's entry into Brazilian tower ownership at scale.

Part of SBA's 2012 international expansion, adding 800 Brazilian towers leased to a leading carrier.

Deal Terms

Acquirer
SBA Communications Corporation
Target
Vivo S.A. tower portfolio (Brazil)
Value
Approximately $175.9 million
Date
December 2012
Type
Acquisition
Status
Ready

Transaction Details

Target HQ
Brazil
Segment
Wireless towers - Brazil
Structure
All cash
Closed
December 20, 2012

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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