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Two Degrees sells tower assets to Spark’s Connexa

Telco’s 1124 assets sold into portfolio of new Ontario Teachers’ and Spark entity in $1b deal.

Two Degrees’ Auckland headquarters.

Will Mace Thu, 15 Dec 2022

Two Degrees is selling its passive mobile telecommunications tower assets to Connexa – the towers company part owned by Spark and Ontario Teachers’ Pension Plan  – for $1.076 billion.

The sale involves 1124 towers and includes a 20-year agreement with Connexa to secure access to existing and

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Two Degrees sells tower assets to Spark’s Connexa
Business,
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