CORDIANT DIGITAL INFRASTRUCTURE LIMITED
CRA New Contract with T-Mobile
Cordiant Digital Infrastructure Limited, the sector-focused specialist owner and operator of Digital Infrastructure that enables modern communications and the internet, is pleased to announce that its portfolio company, České Radiokomunikace a.s. (CRA) has signed a new 15-year contract with an existing customer, the blue-chip mobile operator 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.
The contract, which runs to 2038, improves CRA's visibility over future revenues and provides the opportunity to grow revenues by leasing additional tower space to T-Mobile.
CRA's 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."
About CRA
CRA is a diversified digital infrastructure company, operating mobile towers, a broadcast network, data centres, a fibre network and Internet of Things networks serving utilities. The company has a history of offering superior customer service, increasingly through integrated solutions spanning the spectrum of digital infrastructure.
For further information, please visitwww.cordiantdigitaltrust.comor contact:
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Cordiant Capital, Inc. Investment Manager Stephen Foss, Managing Director |
+44 (0) 20 7201 7546 |
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Aztec Financial Services (Guernsey) Limited Company Secretary and Administrator Chris Copperwaite / Laura Dunning |
+44 (0) 1481 74 9700 |
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Celicourt Public Relations Advisor Philip Dennis / Felicity Winkles / Ali AlQahtani |
+44 (0) 20 7770 6424 |
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