EQT, Omers, Phoenix Eye Final Bids for Cellnex Swiss Business

EQT AB, Omers Administration Corp. and Phoenix Tower International are considering final bids for Cellnex Telecom SA’s majority stake in its Swiss business, which could fetch as much as €2 billion ($2.3 billion), people with knowledge of the matter said.

Suitors are expected to lodge binding offers by the end of next week, according to people, who asked not to be identified as the information is private.

Cellnex is one of Europe’s largest operators of wireless telecommunications infrastructure with a presence in 10 countries. It entered the Swiss market in 2017 after reaching a deal with Sunrise Communications ...