Indra has sold 60% of Metrocall's share capital to Cellnex. Metrocall is the company responsible of the design, development, management and operation of the cellular network of Metro de Madrid, which Indra managed through its subsidiary, Inertelco.
The transaction reached a total equity value of 70.8 million euros, of which Indra has received 37.2 million euros, after deducting the interest of minority shareholders at Inertelco (the company Next Generation S.A. owns 12.5% of Inertelco stock).
Indra Sistemas SA published this content on 05 October 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 05 October 2020 10:44:00 UTC