Emitel, the Polish arm of UK-based infrastructure investor Cordiant Digital Infrastructure, has signed an agreement to contract new mobile communications towers in Poland for mobile operator Orange Polska.
Under the agreement, Emitel, which intends to fund the project from free cash flow, will construct hundreds of new telecommunications towers for Orange over the next few years.
Ac an anchor tenant, Orange will commit pay a recurring fee under a long-term contract for each site built based on industry-standard terms, according to Emitel.
The agreement also allows Emitel to sell remaining space on each tower to other MNOs to increase the profitability of each site.
At the end of 2024, Emitel operated 762 communications towers, with all four of Poland’s major MNOs as tenants.
The company expects the new deal with Orange and others will enable it to expand its nationwide tower portfolio to well over 1,000 sites.
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According to Emitel, Poland, the sixth largest EU economy, was a strong performer in Europe in 2024, recording GDP growth of 2.9%, and economists expect even higher growth in 2025.
“We are pleased that Orange Polska has once again entrusted us to implement a significant infrastructure project," Maciej Pilipczuk, CEO of Emitel, said.
"As an experienced technology partner, we guarantee the highest execution standards and efficiency in delivering even the most demanding investments for them.
"Our many years of experience in building and managing telecommunication infrastructure enable us to support the expansion of the mobile network in Poland, meeting the growing needs of operators and users.”
Steven Marshall, co-founder of Cordiant Digital Infrastructure, said the company is delighted with the contract win by Emitel with a blue-chip customer.
"As a result, the company will play a key part in expanding Poland’s 5G telecommunications network and expects to earn incremental revenues for the duration of the project," Marshall said.
"Wins such as this validate our Buy, Build & Grow model and create real value for our shareholders.”