All American Tower articles – Page 5

Premium

Elsewhere in Spain: Movistar retail staff in line for pay rise

2022-02-05T16:59:00Z

Unions negotiate 1% salary increase for Movistar retail staff; retail revamp continues with five new stores; Telefónica is discussions with DAZN for remaining La Liga matches.

Network & Infra

Telefónica’s PangeaCo begins operations in Peru

2022-01-19T11:38:00Z

Telefónica appears to have failed to find an investor for the Peruvian FibreCo. Political situation may have complicated efforts to find a partner.

M&A

American Tower “excited” by tower M&A in Europe

2021-12-09T12:59:00Z

CFO flags possibility of “compelling things” happening in Europe’s tower scene. Cautions, however, that American Tower in no rush for dealmaking. Deutsche Telekom, Cellnex, Orange, and Vodafone also in the mix for tower M&A.

M&A

FiBrasil straight into M&A action with Phoenix Fiber buy

2021-08-31T15:44:00Z

Vivo said to have been collaborating with the Phoenix fibre unit since March 2019. Deal brings in a further 170,000 premises, with 310,000 to come.

Premium

Telefónica finalises Telxius tower sale as infra deals flow

2021-08-21T00:00:00Z

American Tower acquires last tranche of 31,000 Telxius towers for €7.7bn, with deal set to reduce Telefónica net debt by €4.6bn. Fibre InfraCos in Latin America ramp up, with KKR expanding its relationship with the Group. Digital businesses also restructuring with Telefónica Tech spreading its influence.

M&A

Telxius completes European tower sale

2021-06-02T13:25:00Z

Telefónica handed regulatory go-ahead for tower divestment, with German and Spanish sites handed to American Tower. Latin American portion to follow next year, pending approval. Submarine cables also up for grabs, with first bids reportedly received.

Network & Infra

Deutsche Funkturm CEO says three’s a crowd in Germany

2021-02-25T15:56:00Z

Jacobfeuerborn hints at further expansion abroad as ‘crowded’ home market dims growth prospects. ‘Grey spot’ network-sharing among German MNOs a concern.

M&A

Telefónica sells infra biz to American Tower

2021-01-13T15:02:00Z

Telxius finds a home at US infrastructure giant. Transaction expected to wipe €4.6bn off Telefónica net debt.