Cordiant Digital Infrastructure Limited, owner of digital infrastructure assets in the U.K., Eastern Europe and North America, announced that its portfolio company in the Czech Republic, České Radiokomunikace a.s. (CRA) has signed a new 15-year contract with T-Mobile for the lease of space on CRA’s telecommunications tower portfolio.
The new contract replaces and expands the scope of the existing contract with T-Mobile. Under the previous arrangements, T-Mobile used CRA’s facilities at 202 sites, which is now expanded to access all 610 telecoms sites owned by CRA. The new contract with CRA will bring T-Mobile greater flexibility in installing 5G equipment and greater signal availability, primarily in rural areas.
According to CRA, the contract, which runs to 2038, improves its visibility over future revenues and provides the opportunity to grow revenues by leasing additional tower space to T-Mobile.
CRA CEO Miloš Mastnik said, “Our infrastructure is unique, both in Czech and in European terms. We are glad that our clients appreciate its quality and that it is helping us improve our services for end users of mobile services. We are pleased that we can be a long-term and stable partner for our clients, which is reflected in the duration of the contract we have signed.”
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