KKR-Backed Vantage Said to Weigh Sale of Telecom Towers in Spain.

Vantage Towers AG, a telecom tower owner backed by KKR & Co., is reportedly considering selling its assets in Spain, which could potentially fetch around €1 billion. The company, jointly owned by Global Infrastructure Partners and Vodafone Group Plc, has over 8,000 towers in Spain. Vodafone Spain, a major client of Vantage Towers, is urging the company to review its contract and reduce annual fees. [Extracted from the article]