APAC – Page 2
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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.
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Premium
TPG–Telstra to appeal denied RAN-sharing agreement
ACCC rejects network-sharing proposal over competition concerns.
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Network & Infrastructure
Astrocast strengthens constellation with new satellites
Four new spacecraft launched to increase constellation to 14 satellites.
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Partnerships & Alliances
TPG, Telstra make network-sharing concessions, dismiss “irrational” Optus challenge
Operators modify RAN-sharing proposal terms to appease regulators.
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Network & Infrastructure
Vi looks beyond Indus Towers for site tenancies
Brookfield Infrastructure Partners reveals its India tower business has sealed a “commercial deal” with Vi.
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Premium
VfNZ primes for fibre assault with Vocus
JV aims to exploit regulatory changes surrounding UFB and fibre access regulation.
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M&A
Vodafone NZ completes €1bn passive towers sale
Owner Infratil indicates that all conditions for the transaction were met.
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Premium
TPG sets 3G network end date
Spectrum re‑farming to extend to 900MHz band as operator focuses on 4G and 5G networks.
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Operations
Vi ‘seeks flexibility’ as Indus threatens to turn off lights
Struggling joint venture discussing “softer payment terms”.
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Premium
Vi rivals set the pace for 5G rollouts
Bharti Airtel and Reliance Jio to start offering 5G services in October.
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M&A
Vodafone in talks over Indus Towers sale
Canadian pension fund CDPQ linked to acquisition of Vodafone’s 21% stake.
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Financial & Performance
Indus weathers Vi financial storm, sets sights on 5G
India’s TowerCo JV deals with impact from struggling client.
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Network & Infrastructure
Vodafone NZ agrees €1bn passive towers sale
Operators’ owners Brookfield and Infratil strike deal with private equity firms InfraRed and Northleaf.
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M&A
TPG sells towers to Canadian pension fund
CEO Berroeta claims balance sheet boost is “strong outcome” for shareholders. Enterprise value set at AU$ 950m. After transaction costs and tax, TPG will bank a more modest sum of between AU$ 350m and AU$ 400m. Transaction includes 20-year master services agreement.
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Operations
Indus seeks to move on from “nail-biting” Vi crisis
Indian tower giant sees “discomfiting” client payment worries subsiding
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Premium
Elsewhere in Vodafone Associates & JVs: Vantage bags new infra partnerships
Vodafone Foundation Australia given makeover; Vantage flags two new infra partners; Vi welcomes Mobile Streams services.
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