Ardian has signed an agreement to acquire a 50 percent co-control equity interest in MXT Holdings, a telecommunications infrastructure company based in Mexico. Financial terms were not disclosed.
Headquartered in Mexico City, MXT develops, acquires, owns and operates neutral-host communication infrastructure assets across Mexico, offering wireless and fiber services.
MXT will use Ardian’s investment to support the acquisition of assets it completed in 2022 for approximately 200 towers and around 1,800 kilometers (1,118 miles) of metro fiber previously owned by Telefónica, as well as strategic acquisitions which will materially increase MXT’s portfolio The telecom company is positioned for numerous growth opportunities, such as advanced greenfield fiber projects in parts of Mexico that lack long-haul connectivity and consolidation in the Mexican tower sector.
MXT is Ardian’s first direct investment in Mexico, and it is the
