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Matheson is key advisor to telecoms sector
In September 2013, Matheson advised on two major international acquisitions in the Irish telecoms sector.
The firm advised e|net, the Irish private company responsible for operating the State-owned Metropolitan Area Networks (MANs) fibre optic infrastructure, on its acquisition by a consortium of international telco and infrastructure investors. e|net manages and operates the MANs in 94 cities and towns around Ireland.
Matheson also advised Towercom, Ireland’s largest independent wireless telecoms infrastructure company, on its acquisition by the Irish Infrastructure Fund, set up by Irish Life Investment Managers (ILIM) and managed by international infrastructure fund managers AMP Capital. Towercom controls over 400 masts in key strategic locations in Ireland and counts all of the major telecoms operators in Ireland among its customers.
Earlier in the year, Matheson advised Three Ireland on its €780 million acquisition of communication provider Telefónica Ireland Limited, which trades as O2 Ireland. Three Ireland is wholly-owned by Hutchison Whampoa Ltd, the Hong Kong based multinational conglomerate. O2 Ireland is part of Telefónica Europe, which is owned by Spanish-headquartered Telefónica S.A.
These acquisitions further highlight Matheson’s position as the law firm of choice for international companies and financial institutions doing business in and through Ireland.