Phoenix Tower International and Outremer Telecom’s Agreement to Own and Operate Tower Sites Across French West Indies

Dentons, Choate, Hall & Stewart and Ernst & Young advised Phoenix Tower International, while De Pardieu Brocas Maffei and Taj advised Altice on the deal.

Phoenix Tower International (“Phoenix”) finalized an exclusivity agreement with Outremer Telecom to acquire 203 mobile telephony towers and additional towers to be built over 10 years in the French West Indies, in a so-called build-to-suit program.

Phoenix and Outremer Telecom have entered into a long-term partnership under which Outremer Telecom will occupy the sites for at least 20 years.

This transaction positions Phoenix as the leading market provider of this type of infrastructure, with over 437 towers, and extends its growing presence in Europe and the Caribbean.

The transaction remains subject to customary conditions precedent and is expected to close in the first quarter of 2022.

Phoenix Tower International is an American company specialising in the construction of infrastructure for wireless networks. It owns and operates nearly 14,000 towers, 986 kms of fibre optic cable and more than 80,000 other wireless infrastructure and related sites in 18 countries across Latin America, the Caribbean, the United States and Europe.

Dentons advised Phoenix Tower International with a team including Maxime Simonnet (partner), Charles Poulain and Charlotte Rossi (associates) for the real estate aspects, Patricia Leguy (counsel) and Djésia Meziani (senior associate) for the M&A aspects, Christophe Fichet (partner) and Adrien Morisse (associate) for the TMT aspects, Marc Fornacciari (partner) and Prisca Betesta (associate) for the public law aspects, and Emmanuelle Van den Broucke (partner) for the competition aspects.

The Choate, Hall & Stewart team included Sarah N. A. Camougis, Partner, and Sean M. Small, Principal, on US corporate aspects.

Ernst & Young Paris’ team included Natacha Gravilovic, Antoine Chalal and Pierre-Antoine Quatrhomme.

The De Pardieu Brocas Maffei team included Magali Masson, Mathieu Retiveau, Fabian Guéroult, Sarah Dirani, on corporate aspects, and Sofia El Hariri, counsel, on competition law.

The Taj team included Arnaud Mourier, Eric Couderc, Director and Raphaelle Grodner.

Involved fees earner: Sarah Camougis – Choate; Sean Small – Choate; Sarah Dirani – De Pardieu Brocas Maffei; Sofia El Hariri – De Pardieu Brocas Maffei; Fabian Gueroult – De Pardieu Brocas Maffei; Magali Masson – De Pardieu Brocas Maffei; Mathieu Rétiveau – De Pardieu Brocas Maffei; Eric Couderc – Deloitte Tax & Legal; Raphaelle Grodner – Deloitte Tax & Legal; Arnaud Mourier – Deloitte Tax & Legal; Prisca Betesta – Dentons; Christophe Fichet – Dentons; Marc Fornacciari – Dentons; Patricia Leguy – Dentons; Djésia Meziani – Dentons; Adrien Morisse – Dentons; Charles Poulain – Dentons; Charlotte Rossi – Dentons; Maxime Simonnet – Dentons; Emmanuelle van den Broucke – Dentons; Natacha Gavrilovic – EY (Ernst & Young); Pierre-Antoine Quatrhomme – EY (Ernst & Young);

Law Firms: Choate; De Pardieu Brocas Maffei; Deloitte Tax & Legal; Dentons; EY (Ernst & Young);

Clients: Altice; Phoenix Tower International LLC;

Author: Naoual Sadouqi