Ancala recently acquired a nationwide portfolio of 300 telecommunications towers in Ireland from Phoenix Tower International (PTI).
The divestment was mandated by the Competition and Consumer Protection Commission (CCPC) in connection to PTI’s acquisition of Cellnex Telecom’s business in Ireland, which was completed in February.
The portfolio forms a cornerstone investment for Ancala’s new tower platform, TorLoc Towers. Ancala said the platform has assumed the existing customer contracts and will continue to serve mobile network operators and other clients, including emergency services, rural broadband providers and private enterprise networks. TorLoc Towers aims to become a leading independent tower platform in Ireland, and Ancala intends to grow the platform organically and through complementary acquisitions.
“It was essential that we found an owner and operator of these tower sites that we are transferring pursuant to the commitments with the CCPC, wi
