CRA New Contract with T-Mobile

Cordiant Digital Infrastructure Ltd

12 July 2023

 

CORDIANT DIGITAL INFRASTRUCTURE LIMITED

CRA New Contract with T-Mobile

Cordiant Digital Infrastructure Limited, the sector-focused specialist owner and operator of Digital Infrastructure that enables modern communications and the internet, is pleased to announce that its portfolio company, České Radiokomunikace a.s. (CRA) has signed a new 15-year contract with an existing customer, the blue-chip mobile operator T-Mobile for the lease of space on CRA's telecommunications tower portfolio.

The new contract replaces and expands the scope of the existing contract with T-Mobile. Under the previous arrangements, T-Mobile used CRA's facilities at 202 sites, which is now expanded to access all 610 telecoms sites owned by CRA. The new contract with CRA will bring T-Mobile greater flexibility in installing 5G equipment and greater signal availability, primarily in rural areas.

The contract, which runs to 2038, improves CRA's visibility over future revenues and provides the opportunity to grow revenues by leasing additional tower space to T-Mobile.

CRA's CEO, Miloš Mastnik said, "Our infrastructure is unique, both in Czech and in European terms. We are glad that our clients appreciate its quality and that it is helping us improve our services for end users of mobile services. We are pleased that we can be a long-term and stable partner for our clients, which is reflected in the duration of the contract we have signed."

About CRA

CRA is a diversified digital infrastructure company, operating mobile towers, a broadcast network, data centres, a fibre network and Internet of Things networks serving utilities. The company has a history of offering superior customer service, increasingly through integrated solutions spanning the spectrum of digital infrastructure.

For further information, please visit www.cordiantdigitaltrust.com or contact:

Cordiant Capital, Inc. Investment Manager Stephen Foss, Managing Director	[phone]
Aztec Financial Services (Guernsey) Limited Company Secretary and Administrator Chris Copperwaite / Laura Dunning	[phone]
Celicourt Public Relations Advisor Philip Dennis / Felicity Winkles / Ali AlQahtani	[phone]

 

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