Cellnex and BT sign new multi-decade partnership

Spanish infrastructure specialist Cellnex and UK telecoms group BT have extended their current MSSA (Master Site Services Agreement) with a new multi-decade deal.

The original deal was signed in 2020 for ten years. As part of the arrangement BT can apparently extend the MSSA on an ‘all or nothing basis’ for additional renewal periods.

“This agreement provides long-term certainty, on enhanced terms, for a critical piece of EE’s infrastructure,” said Howard Watson, CTO, BT. “We look forward to continuing our relationship with Cellnex as we invest across the UK, building on our leadership position in mobile networks, and driving the best customer experience of any UK operator.”

Cellnex CEO Tobias Martinez added: “This multi-decade agreement exemplifies the strength of Cellnex’s partnerships with its customers. Our growth project is predicated on being a pro-competitive actor for the industry. In addition to sharing our infrastructure portfolio with our customers, we also share our capabilities with them, thereby becoming a valuable partner to help them achieve their targets.

“At all times, we are aligned with our customers on the common goal of extending reliable and high performing telecommunication networks to serve their end customers. Also, to become integral to the successful roll-out of wireless connectivity throughout the UK to help the levelling up and digitalization of the whole country.”

Meanwhile Cellnex has reported its Q4 financial results which show a 58% revenue growth for 2021, although net losses for the period came in at €351 million. This was attributed to the costs associated with footprint expansion and acquisition activity, as well as €80 million for an early retirement plan for some of its staff, and €100 million associated to in tax rises in the UK.