TowerCos – Page 11
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INWIT untroubled by Voda-Iliad rumours as new opportunities open up
Prospect of market consolidation seen as more good news than bad for Vantage Towers’ Italian JV.
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Venturing & Investments
Australian pension fund seals Vantage Towers stake
UniSuper announces acquisition of 5% stake in TowerCo after “an extensive due diligence process”.
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Network & Infrastructure
The Backfill: Orbex begins work on UK mainland spaceport
UK-based launch service provider starts up construction of vertical launch site in northern Scotland.
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Partnerships & Alliances
MOWEA partners with ECS Poland on mast turbine pilot
Cleantech startup nets another major tower partner for roll out of wind power solution.
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Network & Infrastructure
The Backfill: AtlasEdge bags new funding to fuel growth
AtlasEdge fortified data centre construction efforts with new financing from consortium led by ING Bank.
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Network & Infrastructure
The Backfill: SpaceX goes back to drawing board after failed launch
Starship craft explodes at first test launch, with Elon Musk prepping next trial in a “few months”. TIM receives two new offers for passive infrastructure business. More…
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VM O2 puts Cornerstone stake in shop window
Operator reportedly moving forward with plans to sell at least half of its 50% share in UK TowerCo joint venture.
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Hungary’s 4iG to spin-out, sell-off DIGI infrastructure
Hungarian operator will migrate DIGI customers to Vodafone Hungary network later this year, with a sale of DIGI towers imminent.
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DigitalBridge’s Ganzi remains keen on Europe tower tie-ups
Deutsche Telekom partner sees more life in European tower M&A party, and wants to be “at centre” of remaining action.
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Vodafone people moves: Vodafone Business selects new International & EU-Cluster Director
Fánan Henriques pivots from role as Director of Strategy & Transformation to become International & EU Cluster Director at Vodafone Business.
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1&1 restructures network deployment plan in wake of Vantage dispute
Updated strategy will see operator deploy 1,207 antenna sites by the end of 2023 alongside tower infrastructure partners.
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Strategy & Change
BT and Three go “unilateral” in MBNL refocus
Sites to be upgraded independently in pursuit of autonomy, efficiency.
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Vodafone embraces network-based weather forecasting
Telco opening up its network to enable rainfall monitoring solution, underpinned by technology from Wireless DNA that analyses electromagnetic waves to measure atmospheric humidity and precipitation levels.
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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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Vodafone people moves: Safaricom Board shuffles once again
Karen Kandie and Ory Okolloh announced as new board members, replacing Stanley Kamau and Bitange Ndemo, respectively.
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M&A
INWIT flags ‘pipeline’ of potential M&A add-ons
TowerCo boss caveats that any deal-making will be local, small scale, and funded by organic capex.
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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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Höttges claims 1&1 has ‘lost eligibility’ for auction participation
DT CEO hits out at challenger 1&1 arguing it has “lost the eligibility for participating in an auction” after limited coverage increases.
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Orange questions sell off of Europe’s ‘critical’ infra
CEO Christel Heydemann wants to keep hold of tower business TOTEM, citing strategic and political concerns around majority sales of infrastructure assets.
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Telefónica, Liberty step back from Cornerstone
Duo said to be putting wheels in motion to halve their stake in UK TowerCo to 25%