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Four sources close to the matter said on condition of anonymity to Reuters last month that Cellnex, Europe’s largest mobile phone tower operator, had recently submitted a binding offer for Deutsche Funkturm GmbH (DFMG), Deutsche Telekom’s towers business. [L1N2YH0NM]
In a short statement to the Spanish market supervisor, Cellnex said on Wednesday it was not longer part of the process, without elaborating further.