All TowerCos articles – Page 9
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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Asset management software player gaining clients as infra operators seek to escape outdated practices and tech.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.
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Vantage Towers Greece recruits Advent to cut diesel power
Proof-of-concept project with Advent Technologies exploring feasibility of replacing Greek TowerCo’s diesel generators with sustainable fuel cells.
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Network & Infra
Vantage Towers ramps up rollout in Germany with mobile sites
TowerCo reveals figures for temporary site deployment across Germany this year.
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Network & Infra
Millicom “on track” for 2023 infra deal: CEO
Latin American group is on course for late-2023 creation of TowerCo and preferred option of part-monetisation.
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M&A
Dealmaker Cellnex shifts to ‘stability’ in more turbulent times
”Unconditional” pursuit of investment grade status now the current driver of Cellnex strategy, enabling stronger shareholder returns and more options for expansion post-2024.
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M&A
Vantage CEO says ‘game still on’ for European mega tower merger
Part-sales of DT’s GD Towers and Vodafone’s Vantage have not blocked the path to a combination between the two TowerCos and/or Orange’s TOTEM, says boss Vivek Badrinath. Cornerstone takeover of interest after Vantage’s co-parents put their stake in play.
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Q3 FY22: Deutsche Telekom sees dollar signs
Broadband momentum maintained in sticky German market.
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Network & Infra
DigitalBridge builds double infra Vantage point in Europe
Vantage Towers investor expanding separate Vantage Data Centers operation in Europe, as it ploughs more money into digital infrastructure plays.
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Network & Infra
Vi looks beyond Indus Towers for site tenancies
Brookfield Infrastructure Partners reveals its India tower business has sealed a “commercial deal” with Vi.