TowerCos – Page 18
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M&ATelefónica joins Liberty in move towards UK tower sale
Goldman Sachs reportedly handed reins to examine prospective Cornerstone share sale.
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Public AffairsTelefónica on edge as rambunctious Peru government beds in
Reports highlight fears that multinationals in Peru may face tougher opposition in trading and taxation disputes as the new Peruvian administration develops its strategy under a strongly left-leaning President. Risks the future of a local Telefónica InfraCo; could face complications in a challenging political climate.
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Network & InfrastructureLiberty sees UK–Dutch tower separation “sooner than later”
CFO says group “not in love with” tower ownership and keen to unlock value. Virgin Media O2 and VodafoneZiggo assets in focus.
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M&AFiBrasil straight into M&A action with Phoenix Fiber buy
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.
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Network & InfrastructureVodacom starts TowerCo separation sequence
Operator looking to install managing executive, and then fuller leadership team, to drive tower separation plans outlined in May. Plan to explore stake sale reiterated. Initial focus on biggest market South Africa.
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M&ATPG puts feelers out for TowerCo deal
Australian JV conducting “preliminary market assessment” ahead of possible spin-off. Scope of monetisation would be limited by operator’s low level of site ownership. Competitors have already made moves.
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OperationsIndus Towers said to firm up IT systems rework
TowerCo CEO flags progress in pursuit of post-merger synergies. “Indus team” completes IT systems integration, meaning management of 180,000+ site portfolio falls under one roof.
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M&AVodafone Italy hands highways infra to INWIT JV
OpCo’s divestment bulks-up INWIT portfolio, as TowerCo continues spending spree. INWIT to equip portion of new assets with IoT capabilities in “smart road” drive. Acquisition expected to be green-lighted before end-2021.
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M&AVantage back in shop window as Vodafone builds revival
M&A remains a lever to help Vodafone revive growth, says CEO Read. New Chairman van Boxmeer lighting a fire under Group strategy and ambition. Another chunk of Vantage could be sold off to “like-minded” partner. Hint made of some UK deal-making in pipeline. Egyptian and Spanish assets remain in ...
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Network & InfrastructureGerman MNOs face “Herculean” flood recovery projects
O2, Telekom Deutschland, and Vodafone make headway in respective network restoration efforts after flash floods take out networks. Portable base stations plugging gaps left by damaged fibre.
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Network & InfrastructureVantage Towers CEO dismisses bond proxy tag
Vivek Badrinath enthuses about “exciting business model”. Sees scope for innovation and expansion through greater non-operator engagement. Always on the lookout for M&A opportunities, but existing markets take priority if going down consolidation route.
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M&ATelxius completes European tower sale
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.
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Network & InfrastructureDT ready to carve out “kingmaker” tower assets
Deutsche Telekom wants to carve out “all” of its towers across Europe, says CFO Christian Illek. Change in mindset comes following rapid rise in TowerCo valuations. Czech and Slovakian footprint next to be assessed for extraction from NatCos.
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M&ADeutsche Telekom pondering Dutch M&A options
Group appears cold on possibility of buying out junior partner in T-Mobile Netherlands when options open up in January 2022. New tie-up or sale flagged as likelier outcomes.
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Network & InfrastructureCornerstone to pilot City of London 5G upgrade
“City-wide” open access network being explored. Joint venture’s 2017 contract now appears to include 5G. Deployment will depend on the outcome of trials.
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Network & InfrastructureACM: Dutch telcos free to buddy-up on network rollout
Co-locating, spectrum leasing, and roaming agreements all encouraged by regulator — but maintaining competition primary concern. TMNL and rival response “mostly positive”, with network sharing known to be long-time interest of incumbent KPN.
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M&AVantage Towers buys out partner in Greek TowerCo
Vodafone TowerCo signals its independence with first acquisition since its IPO in Frankfurt. Vodafone Greece and Wind Hellas to remain anchor tenants of Greek TowerCo. Rival OTE bides its time.
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Network & InfrastructureLiberty: VodafoneZiggo tower sale is ‘work-in-progress’
CEO Mike Fries sees Dutch joint venture’s assets as undervalued. Partner appears aligned with Vodafone’s eagerness to extract cash from site networks across Europe. Broader discussions over VodafoneZiggo collaboration may be tied in with tower question.
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Network & InfrastructureINWIT CEO laments 5G fake news, Italy’s stringent EMF rules
Giovanni Ferigo reiterates importance of “educational initiatives” to combat 5G health misinformation. CEO urges Italian government to relax EMF limits.
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Partnerships & AlliancesVantage Towers on alert as Drillisch appears on 5G radar
National roaming deal between Drillisch and Telefónica Deutschland paves way for 5G rollout by Germany’s would-be fourth MNO. Vodafone’s TowerCo spinout vies with Deutsche Funkturm and Telxius for Drillisch business. Ericsson sales veteran Peter Zehetner joins Vantage Towers as Managing Director in Germany.