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July 05, 2015 5:19 PM ET

Diversified Telecommunication Services

Company Overview of Wireless Infrastructure Group Ltd.

Company Overview

Wireless Infrastructure Group Ltd. provides shared infrastructure solutions to the communications sector in the United Kingdom. Its portfolio of sites includes towers, rooftops, and distributed antenna systems. The company also has contracted access to rural, suburban, and urban land-bank opportunities that include urban and suburban sites in electricity substations, airports, water towers and shopping centers. In addition, it offers acquisition, design, and construction, as well as estates management services. The company was founded in 1995 and is based in Bellshill, United Kingdom. Wireless Infrastructure Group Ltd. is a former subsidiary of Anglian Water Group Limited.

Avondale House

Phoenix Crescent

Strathclyde Business Park

Bellshill,  ML4 3NJ

United Kingdom

Founded in 1995

Phone:

44 1698 842426

Fax:

44 1698 846193

Key Executives for Wireless Infrastructure Group Ltd.

Chief Executive Officer and Director
Finance Director
Operations Director
Commercial Director
Compensation as of Fiscal Year 2015.

Wireless Infrastructure Group Ltd. Key Developments

Potential Buyers Mulls Acquisition Of Tower Network From Coillte

Shared Access, LLC and TowerCom Ltd. reportedly seek acquisition of tower network from Coillte Teoranta Ltd. Following talks with the Government, the company has put its telecoms masts up for sale to raise cash to fund fresh investment in wind farms and also for its Smart Ply wood products business. Coillte, the State-owned forestry and landowning company, is aiming to raise up to €60 million by selling off the vast network of mobile phone masts located within its forests, one of the largest such portfolios in the country. Coillte has appointed Goodbody Corporate Finance to find a buyer for the tower network. A memorandum for the sale has been prepared and is being distributed to a number of interested parties. Potential buyers for the network, which sources speculated will fetch between €50 million and €60 million, could include Shared Access, a US-backed company that previously struck a deal with the FAI to provide funding for floodlights at soccer grounds in return for being allowed to erect telecoms masts. Another potential bidder is Towercom, which is owned by the Irish Infrastructure Fund. Wireless Infrastructure Group Ltd is also being viewed as a possible buyer. “Coillte can confirm that, following an agreement with Government, it has decided to sell its telecoms assets to part fund its investment in its Smart Ply business and its pipeline of wind energy projects,” said Coillte.

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