Cellnex has learned of the favorable decision by the UK’s Competition and Markets Authority (CMA) regarding the project to acquire Arqiva's telecommunications division. The project was announced in October 2019 and will involve an investment of EUR 2 billion (US$ 2.16 billion). CMA stated that the deal does not raise competition concerns in the supply of large telecommunication infrastructures like mobile towers and pylons.

The operation involves acquiring c. 7,400 sites and the marketing rights of c. 900 sites spread across the UK. Following the CMA's authorization, it is estimated that the operation will have been closed by next summer.