Vodafone Group Plc will spin off most of its European tower infrastructure into a new, fully independent "TowerCo" company.
TowerCo, which will be operational by May 2020, will comprise 61,700 towers in 10 markets with potential proportionate EBITDA of around EUR 900 million.
Vodafone has recently announced active and passive network sharing agreements in Italy, Spain and the UK.
Vodafone said it believes that there is significant scope...
