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International law firm Ashurst is advising Telxius Telecom on its €1.5 billion agreement with Telefónica Deutschland Holding AG (Telefónica), which will see Telxius acquire around 10,000 phone mast sites and includes a commitment to build 2,400 new sites. This consolidates Telxius' position as one of the main global neutral infrastructure operators, and strengthens its presence in Germany, Europe's largest telecommunications market.

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