SAO PAULO, Nov 24 (Reuters) - Highline do Brasil, a
portfolio company of U.S. private equity firm Digital Colony,
has reached a deal to acquire telecom infrastructure firm
Phoenix Tower do Brasil, it said on Tuesday, adding new 2,500
sites to its portfolio.
Phoenix is backed by Blackstone Tactical
Opportunities funds. After the acquisition, Highline will have
3,200 sites in Brazil.
The deal value was not disclosed in a joint statement.
Highline is also interested in acquiring assets held by
Brazilian telecom firm Oi SA, such as its tower and
fiber units. nL1N2F70OH
(Reporting by Carolina Mandl; Editing by Richard Chang)