|
|
|
|
||||
|
|
|||||
|
|
|
About MIIF |
|
|
|
Investment portfolio |
|
|
|
Investor centre |
|
|
|
News |
|
|
|
Community |
|
|
|
Contact us |
|
|
|
You are here: Macquarie International Infrastructure Fund (MIIF) > Investment portfolio > Arqiva and National Grid Wireless |
|
|
Communications Infrastructure:
|
|||||||||||||||||||||||||||||||||||||||
| Investment | Description |
|---|---|
| Date of acquisition | 27 May 2005 |
| Cost of acquisition(1) | S$434.8 million |
| Valuation(2) | S$297.2 million |
| MIIF's ownership | 8.7% interest |
| % of MIIF portfolio | 27.7% |
Arqiva is a provider of terrestrial and satellite broadcasting transmission, wireless communications and radio services predominantly in the United Kingdom (UK). Arqiva provides transmission services to TV and radio broadcasters, site leasing to mobile phone and other wireless communication companies, and radio services to UK emergency services and other government and commercial organisations. Arqiva owns and operates 1,154 TV transmission sites, 8,000 active sites for mobile communications and two of the six digital terrestrial TV multiplexes in the UK. 99% of the UK population is served by Arqiva’s owned and operated communications and broadcast infrastructure.
In April 2007 MIIF made a follow-on investment in Arqiva of S$259.1 million by taking up its proportionate rights in an offering to support the acquisition of National Grid Wireless (NGW).
| Financial highlights for the twelve months ended 31 December 2009(1) |
|||
| £m | 2009 | 2008 | Variance Fav/(Adv)(2) |
|---|---|---|---|
| Revenue | 826.1 | 778.3 | 6.1% |
| EBITDA | 330.0 | 291.2 | 13.3% |
| EBITDA margin | 39.9% | 37.4% | 2.5% |
| Distributions to MIIF (S$m) | 3.8 | 29.5 | (87.1%) |
|
Investment portfolio
Did you know?
Contact us
T: +65 6231 2769
E: miif@macquarie.com Email alerts
Refer a friend
|
|
|
| Important information | Privacy policy Macquarie Group Limited |
