Towers – Page 5
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Strategy & Change
IHS reviews tower estate; could jettison non-core assets
Tower group going through process of re-evaluating its international portfolio, as part of move to a more ‘balanced’ strategy between growth and cash generation.
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Network & Infrastructure
Deutsche Funkturm, Vantage both lay claim to ‘first’ MIG tower deployment
MNO-affiliated TowerCos finish neck-and-neck in construction of first white spot towers funded by state-backed programme. Subsidy, collaboration deemed key to widening Germany’s rural coverage. Further projects in accelerating pipeline…
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Products & Services
1&1 to activate mobile services after 5G added to O2 roaming deal
No details provided about surprise expansion of national roaming deal with O2 Germany.
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M&A
Austria and Ireland ‘up next’ on Cellnex’s sale agenda
Tower group said to be weighing up options at another two subsidiaries, including part or full sales, following various transactions in last year. The report comes shortly after CEO Marco Patuano expressed his appetite for more outgoing M&A deals, to support leverage reduction.
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M&A
‘Pragmatic’ Cellnex open to full exits to boost debt repayment drive
Spanish group’s exit from private networks business could be followed up by more deals, to boost programme of financial strengthening.
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Financial & Performance
Soggier MNO spending dampens INWIT sales outlook
Italian TowerCo flags weak fixed wireless access demand and lower discretionary spend in an otherwise solid third quarter performance.
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M&A
Helios keeps M&A plans on ice, despite sunny outlook
Middle East and Africa tower group to remain disciplined on deal-making, despite being ahead of the game on leverage reduction and growth.
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Network & Infrastructure
‘Show me the money’: vHive’s economic case for autonomous Tower Digital Twins
The TowerCo opportunity is no longer principally a real estate play, as traditional players work to extract more value from physical assets, and neutral infra players expand ambitions. vHive presents hard cash evidence supporting digitisation as key to unlocking a new level of economic worth.
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Strategy & Change
American Tower’s departing CEO talks up 5G, data centres, and AI
Tom Bartlett signs off on 14-year stint at US infra giant, arguing it is positioned favourably to handle rising AI and data demands as it scales its global digital infrastructure.
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People
Tom Bartlett steps down as American Tower CEO
Steve Vondran appointed to lead TowerCo starting in February 2024.
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Strategy & Change
Orange not in a hurry for Polish tower spin-off
Orange Poland CFO Jacek Kunicki says tower separation is not a priority, despite rivals’ recent moves and apparent Group-level interest in a carve-out.
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People
Cellnex appoints new finance chief as reorg continues
Raimon Trias joins TowerCo after José Manuel Aisa Mancho seeks new horizons.
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Network & Infrastructure
The Backfill: Investors join forces to improve UK public-private infra projects
Investment firms want better approaches to planning, operating, and maintaining infrastructure projects in UK. Tower operators in the country also group up to improve regulation and standards in wireless infra rollout. Elsewhere, KKR submits binding offer for TIM’s fixed assets. Read more…
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Interview
TOTEM CEO eyes pole position in MNO network strategies
Network X: TOTEM CEO Nicolas Roy discusses the TowerCo’s industrial plans and strategic site ambitions.
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M&A
Cellnex takes over WHP’s Scottish tower assets
Behind-scenes acquisition sees group become tower partner for Scotland’s publicly-funded 4G rollout initiative.
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People
Digital infra people moves: Cellnex reorg brings fresh C-level line-up
Chief Operating Officer and Chief Strategy Officer added to Cellnex management team, with new MDs appointed in four European markets.
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Network & Infrastructure
The Backfill: Infratil, L&G up stakes in UK data centre player
Infratil and L&G Capital boost funding for Kao Data’s UK expansion efforts.
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M&A
Phoenix Tower dips a toe into Germany with 220-site NOVEC buy
US wireless infra group takes first step into German market through acquisition of rural-focused NOVEC.
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Eventwatch
American Tower eyes open RAN for ‘next-gen’ neutral host services
Infra giant performing PoCs with ORAN-equipped solutions that could address MNO demand for advanced urban and in-building services.
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People
American Tower crowns new CEO of Europe
American Tower names Thierry Amarger as CEO of Europe as Pieter Nel steps down.