All Tobias Martinez articles
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Partnerships & Alliances
Cellnex seeks financial partner for Nordic operations
Spanish TowerCo appoints AZ Capital in hunt for fresh backing for assets in Denmark and Sweden.
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Strategy & Change
An MNO no-no? TowerCos tread fine line on active equipment
The shift from renting out passive infrastructure to owning or managing active equipment is being explored by TowerCos as a path for growth, but the way is fraught and uncertain. Investor/InfraCo perspectives from Brookfield, Cellnex, INWIT, Nokia, Phoenix, TowerXchange EMEA, Vantage.
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People
Cellnex picks ex-chair Patuano for Chief Executive spot
Board overhaul sees Marco Patuano return to Cellnex as CEO.
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Premium
Investors kick Cellnex tyres; management ‘open’ to minority sales
Spanish group could bring financial partners into its country businesses, in a bid to speed up push towards financial stability.
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Premium
Cellnex UK names new leadership
Infrastructure player appoints Alfonso Álvarez in place of exiting David Crawford.
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Premium
Cellnex CEO steps down, opts out of leading strategy pivot
Tobias Martinez to leave in June as Spanish infra group seeks to “open a new chapter”.
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Partnerships & Alliances
BT strikes improved deal for Cellnex site access
“Enhanced” terms for a site services deal in place until at least 2031 will support EE’s 5G upgrade in key areas. Cellnex asserting its pro-competitive credentials as it slams the CMA for overstepping its remit in questioning the InfraCo’s planned acquisition of CK Hutchison’s UK towers.
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M&A
Cellnex open to Telxius grab
TowerCo CEO cheerfully talks up prospect of acquiring stake in Group’s infrastructure business. Idea of Telefónica-Cellnex tie mooted previously — and never totally quashed. Telefónica’s weakening debt profile may prompt inorganic action around infrastructure.
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Network & Infrastructure
Cellnex swerves Telxius questions as it builds war chest
Robustly growing tower company with €11bn burning a hole in its pocket. Linked to an investment in Telefónica’s “magnificent” infrastructure division. Cellnex management say keen on operational control over investments.