LONDON, Sept 20 (Reuters) - Spain's Cellnex is
exploring a sale of its data centre unit in France, in a deal
that could value the business at a few hundred million euros,
two people familiar with the matter said on Friday.
The largest European mobile phone tower company is talking
with advisers regarding a potential sale, the people said, as
part of its strategy to focus on its core business as it shifts
strategy from acquisitions to bolstering its finances.
Cellnex declined to comment.
Specific revenue figures for Cellnex's French data centre
unit have not been disclosed. However, during the first half of
the year, France emerged as Cellnex's largest market by revenue,
contributing 399 million euros, or 21% of the group's overall
revenue.
In March, the company announced its intention to focus on
four business lines, including Towers, Fiber, Connectivity &
Housing services, Broadcast, and DAS & Small Cells. The towers
business currently accounts for over 80% of the company's total
revenue.
Earlier this year, Cellnex sold its Austrian business for a
enterprise value of 803 million euros and a its Irish unit for
971 million euros.