05 March 2025

KPN and ABP have announced the closing of a transaction to create a new towerco called Althio.

Through the creation of Althio, KPN and ABP are creating the largest towerco in the Netherlands. As part of the transaction some of the existing lease conditions have been reset to align its portfolio and create a neutral platform for mobile operators across The Netherlands.

As well as a widespread network of telecom and broadcast masts, Althio also owns rights to fix telecom equipment to the Netherland’s extensive network of high-voltage lines. The towerco will manage approximately 3,800 sites representing the consolidated passive infrastructure Open Tower Company and KPN.

The KPN-owned towerco will add new sites through in an agreed Build-to-Suit (BTS) commitment adding 600 new sites by the end of 2034. The deal will enable KPN to gain higher flexibility on a substantial part of its sites and achieve synergies regarding the development, maintenance and optimisation of the network infrastructure.

In addition, KPN will reset lease fees on a big part of the tower portfolio and harmonise contracts into a single 20-year MSA covering 60% of the tower and rooftop portfolio, thus achieving operational efficiency.