Towers – Page 15
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Public Affairs
Cellnex offers CMA deal to secure Hutchison UK tower merger
Spanish InfraCo willing to sell enough sites from its existing estate to enable a new UK tower player to emerge, and overcome CMA concerns on competition linked to its planned CKH infrastructure acquisition. Four companies have already stepped forward as potential buyers. CTIL objects to being positioned as a ...
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Operations
Vantage drafts MOWEA for mast turbines
TowerCo indicates cleantech R&D tie-up is ready for wider deployment. Deal initially focuses on a small subset of sites in main market Germany, but wider national and international rollout mooted if system checks out.
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M&A
American Tower “excited” by tower M&A in Europe
CFO flags possibility of “compelling things” happening in Europe’s tower scene. Cautions, however, that American Tower in no rush for dealmaking. Deutsche Telekom, Cellnex, Orange, and Vodafone also in the mix for tower M&A.
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Premium
Q2 FY21–22: Vodafone's Read hypes prospects as M&A talk hots up
Leadership especially bullish on “momentum” and “sustainable growth” after solid Q2 data. Wave of M&A possibilities surround Vodafone only a few months after Group declared portfolio reshaping complete. Report sees Group maintain growth, but with mix of performances across businesses and a glitch on cost-saving progress. Guidance floors raised ...
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Network & Infrastructure
DT’s Jacobfeuerborn gives ‘flying towers’ up to ten years to take off
DT-backed SPL is seeking Series B funding. Second edition of GSMA white paper on HAPS due to be published in early 2022. Jacobfeuerborn sees HAPS as the ‘missing link’ between terrestrial and satellite networks.
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Premium
Telefónica applies blockchain to tower management
In-house blockchain platform TrustOS leveraged for partnership with Atrebo. TREE asset management platform enables real-time tower data gathering to support network deployment.
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Premium
DT Q3 FY21 spend: Höttges on search for ‘nerds’ to push efficiencies
Q3 data and commentary show Group remains focused on a twin-track strategy of driving savings to fuel investment in select areas of business where it sees opportunities. German and US priorities continuing to drive capital outlay. DT exploring every avenue in bid to staff and support digital transformation, and ...
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Premium
T-Mobile testing cell tower battery alternatives
TMUS conducting beta tests for ultra-capacitor replacement at cell towers, with potential to replace lead acid batteries.
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Premium
Vodafone New Zealand said to initiate tower spinout
Former Vodafone OpCo’s parents reported to have hired advisors to guide them through separation and monetisation. Move comes with regional tower market heating up. Both Spark and Vodafone NZ moot interest in infra-sharing.
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Financial & Performance
Vodafone: DT and Orange are ‘credible’ tower merger partners
Read confirms either of Vodafone’s big European rivals could end up being an ally as noise continues to increase around an “industrial merger” for Group’s Vantage Towers business.
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Network & Infrastructure
Vantage states ‘clear interest’ in Cornerstone buyout
Vodafone’s European TowerCo eyes opportunities in Netherlands and UK as partners Liberty and Telefónica look to cash in on wireless infrastructure assets. Strategic tie-up between Vantage and another MNO TowerCo also remains a possibility.
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Network & Infrastructure
Höttges seeks to bring balance to future tower tie-up
Deutsche Telekom CEO seeks to lure tower partner with promise of hands-off approach to managing the business, allowing it to flourish “independently”. Picky operator unenthusiastic about approaches taken by rivals to tower extraction, including Vodafone’s Vantage Towers IPO earlier in the year.
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M&A
INWIT continues to fill M&A kitty
Growing Italian TowerCo building up a €1bn platform for deal-making at end of its latest strategic cycle, in FY23. Expansion plans could give co-parent Vodafone another runner in European TowerCo race, beyond main vehicle Vantage Towers.
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Strategy & Change
Elsewhere in Vodafone Partner Markets: Proximus launches regional fibre JV
Developments from around Vodafone’s soft-power network: Get-go for Proximus’s regional fibre JV; MTS firms up tower spin out ambitions; NZ operator parts company with Vodafone Group’s Tobi.
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Premium
Vodafone Group’s Dutch and British tower partners look to cash in
Liberty CFO says group “not in love with” tower ownership and keen to unlock value in Belgium, Netherlands, and UK. Telefónica hands Goldman Sachs reins to examine prospective Cornerstone share sale.
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M&A
Telefónica joins Liberty in move towards UK tower sale
Goldman Sachs reportedly handed reins to examine prospective Cornerstone share sale.
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Public Affairs
Telefónica 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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Premium
Vodafone Q1 FY21–22: ‘Phase two’ relaunched with M&A sweetener
Some hints of compromise with City overseers as Vodafone re-seeds post-pandemic, digital-led growth plan. New Chairman van Boxmeer appears to be lighting a fire under Group mindset and strategy. M&A talked up as a lever to help Vodafone in the push to revive growth. Another chunk of Vantage could ...
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Network & Infrastructure
Liberty 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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Strategy & Change
Elsewhere in Vodafone Associates & JVs: Indus tidies IT up
Indus tidies IT up; India becomes potential early target for Vodafone’s sat venture with AST.