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Arqiva up for sale

The company responsible for the UK's television and radio transmitter towers, four Freeview multiplexes and numerous DAB multiplexes is up for sale.

Arqiva, currently owned by a consortium including investment bank Macquarie and the Canada Pension Plan Investment Board, is understood to be going on sale with a price tag of between £5bn and £6bn.

The company has a near monopoly over UK transmission towers. Arqiva's assets includes the former elements of Crown Castle / National Grid Wireless and NTL's transmitter business, which in turn were originally owned by either the BBC or the IBA.