Arqiva Limited is seeking to sell itself for £6 billion The process will formally begin this week with fierce competition expected following a boost for mobile infrastructure in the main party manifestos. Bankers for the company's current owners, led by the Canada Pension Plan Investment Board and Macquarie, are expected to issue an information memorandum to prospective bidders in the coming days. The sale is expected to draw interest from both trade buyers and infrastructure funds.

Cellnex Telecom, S.A. (BME:CLNX) is on a buying spree and is believed to be seriously interested. The backers of TDF S.A.S., Borealis Exploration Limited (OTCPK:BORE.F) are also in the frame. CKI Holdings Partnership and CK Hutchinson Holdings Limited (SEHK:1) are circling in.

KKR & Co. L.P. (NYSE:KKR) and 4M Investments are working with advisers. Chinese investors are also said to be circling, but could face political hurdles.