All TowerCos articles – Page 6
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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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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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People
Cellnex picks ex-chair Patuano for Chief Executive spot
Board overhaul sees Marco Patuano return to Cellnex as CEO.
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Financial & Performance
Heydemann keeps several plates spinning after first year as Orange CEO
Incoming CTIO Bruno Zerbib expected to bring “new perspective” to the Group. Plus further highlights from Q1 results briefing…
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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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People
Digital infra people moves: Pohlmann named finance chief at Deutsche Funkturm
Former Magenta Telekom CFO takes up same spot at Deutsche Funkturm.
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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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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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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%
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Deutsche Telekom closes out €10bn towers sale
Deutsche Telekom completes transfer of majority ownership in German and Austrian tower business.
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A year on, Vantage reassures ops overhaul ‘is working’
TowerCo remains on “journey” when it comes to realigning its production function, and smoothing out logistics challenges arising from the global supply chain crunch.
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Pantheon Infrastructure buys into GD Towers growth plan
UK infra fund team provides backing to DigitalBridge as it preps joint takeover of Austrian and German tower business.
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Indus Towers posts loss as pressure piles on ailing client Vi
TowerCo forced to make large provision against ‘doubtful debts’.
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High hopes: Sitetracker on re-imagining TowerCo InfraOps
Asset management software player gaining clients as infra operators seek to escape outdated practices and tech. Reference win with Vantage Towers seeing vendor support IT transformation accompanying TowerCo’s independent growth ambitions.
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American Tower eyes up potential Cellnex takeover
TowerCo could launch bid backed by Canadian VC fund Brookfield for acquisition of Spanish infra group.
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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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British investor picks up Ireland’s Towercom
KKR-owned John Laing acquires bundle of assets from Irish Infrastructure Fund.