APAC
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People
Ex-Three exec becomes CEO at Australian TowerCo Waveconn
Grant Stevenson to move up into Chief Executive slot at business formed out of TPG Telecom’s wireless infra. New boss’s CV includes spells at the former Vodafone Hutchison Australia and co-parent CK Hutchison.
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M&A
American Tower firms up Indian exit
Brookfield-affiliated Data Infrastructure Trust to become India’s largest wireless infra player through prospective 78,000-site buyout.
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Venturing & Investments
IFM targets UK infra with £10bn capital injection
Australian investor plans to analyse “commercially viable” opportunities in collaboration with UK government, bolstering its existing commitments to fuel the nation’s infra expansion.
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M&A
CVC sets sights on infrastructure with DIF buyout
Private equity-focused CVC prepares to acquire 100% of infrastructure investor DIF Capital Partners.
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Network & Infrastructure
Infra sale talks continue as TPG looks to get lean
Australian operator aiming to become more consumer-focussed and mobile-oriented, with talks ongoing with Vocus over non-mobile infra assets sale.
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Suppliers & SCM
Germany seeks high-risk compromise as operators maintain reliance on Huawei
Vodafone and its peers may get time to wean themselves from Huawei dependency as Germany looks set to water down high-risk restrictions.
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Network & Infrastructure
The Backfill: Newmark launches new data centre investment platform
Real estate advisory group launches new data centre investment platform. GoFibre and Lightning Fibre set for UK fibre network expansion.
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Strategy & Change
Telstra’s InfraCo sale off the table (for now)
CEO Vicki Brady sees growth opportunities for the standalone unit, fuelled by a “shift to the cloud and rapid AI adoption”.
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Operations
American Tower eyes solar power play beyond Africa and India
American Tower’s investments in solar energy generation have reduced the use of diesel fuel for off-grid sites and lowered carbon emissions.
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M&A
American Tower CEO sees 'nothing compelling' to tempt splashing out on M&A
After offloading assets in Mexico, Poland, and possibly India, American Tower has little interest in international acquisitions to expand footprint.
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Venturing & Investments
IFM backs SUPA smart building InfraCo
AUD 50m private equity investment boosts new player’s converged infrastructure model for multi-dwelling buildings.
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Financial & Performance
BII lauds digital infra investment impact in tough economic climate
BII CEO Nick O’Donohoe sees private sector funding as critical to delivering long-term, sustainable solutions that grants alone cannot provide.
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Network & Infrastructure
Vi and peers wary of India plans for satellite communications
Mobile operators wary of new satellite players launching services unencumbered by costs and restrictions experienced by traditional players.
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M&A
Infratil placed to take full control of One NZ
New Zealand-based infra investor acquires 49.95% stake from Brookfield, taking its holding to 99%.
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Premium
WorldLink bags funding to expand Nepal coverage
Nepalese ISP WorldLink to leverage financing from British International Investment and Dolma Fund Management to expand coverage.
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Premium
CDPQ ‘overtakes KKR’ in American Tower India stake race
Reports suggest Canadian investor looks the more likely buyer after moving faster than rival KKR bid.
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Premium
Vodafone Spain taps Nokia for 5G core
Vodafone said to be last MNO in Spain to pick 5GC suppliers, marking the end of Huawei’s Spanish presence in core networks.
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Premium
American Tower explores India hand-off amid MNO debt headaches
US group in “exploration mode” over deal to monetise part of its Indian business, amid “challenging business environment”.
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Premium
Indus Towers posts loss as pressure piles on ailing client Vi
TowerCo forced to make large provision against ‘doubtful debts’.
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Premium
Prachur Sah named CEO of Indus Towers
Former leader of oil and gas producer Cairn takes CEO title at Indus Towers, replacing Bimal Dayal after July 2022 departure.