Towers – Page 14
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PremiumVodafone reels in €2.3bn from Vantage Towers IPO
Proceeds to pay down Group debt. IPO share price holds steady on the Frankfurt Stock Exchange.
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PremiumDT eyes new tower markets amid domestic hurdles
TowerCo downgrades site-rollout target in Germany. Jacobfeuerborn, Illek hint at domestic M&A, expansion abroad. Group prowl for investor partners through DIV fund set up in collaboration with Cellnex. Deutsche Telekom wraps up Austrian tower spinout, adding another building-block added to multi-layered platform Group is building in European tower space. ...
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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.
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Network & InfrastructureMagyar Telekom CEO rules out tower tie-ups
Tibor Rékasi anticipates no strategic activity in the “near future”. 5G coverage target met in Budapest.
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Network & InfrastructureDeutsche Telekom waiting in wings for TowerCo expansion
CFO Illek wants to see how Vantage Towers IPO pans out before making any big moves On prowl for investor partners through Digital Infrastructure Vehicle set up in collaboration with Cellnex. Flags Deutsche Funkturm’s “good price” and M&A possibilities. Selling tower assets to make a quick euro, à ...
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Network & InfrastructureDT moves goalposts on German infrastructure mega-projects
Headline FTTH and cell site expansion roadmaps reworked. COVID-19 disruption, regulatory barriers, and bad weather cited as contributors. First signs emerge of the Group’s new, pandemic-influenced medium-term planning, due to be laid out later in 2021.
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Network & InfrastructureDeutsche Funkturm CEO says three’s a crowd in Germany
Jacobfeuerborn hints at further expansion abroad as ‘crowded’ home market dims growth prospects. ‘Grey spot’ network-sharing among German MNOs a concern.
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Network & InfrastructureDeutsche Telekom wraps up Austrian tower spinout
Another building-block added to multi-layered platform Group is bringing together in European tower space.
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Network & InfrastructureIndus Towers talks up ‘next-gen’ tech revamp
Former Finance Director of Vodafone Intelligent Solutions takes on CFO role at newly combined entity. Expanse moves come with Vodafone said to be contemplating selling part of its Indus stake to help out troubled Vi.
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Network & InfrastructureTelefónica fires starting gun on Drillisch 5G
Spanish giant’s German operations finally agrees national roaming deal with country’s would-be fourth MNO. Paves way for 5G rollout by Drillisch. TowerCos circle market entrant for new business.
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PeopleVantage Towers taps Ericsson sales guy for Germany push
Peter Zehetner joins Vodafone’s TowerCo spinout as Managing Director in Germany. Formerly Ericsson’s Commercial Director in western Europe, Zehetner brings years of sales experience to the Vantage team. Winning business from Drillisch, Germany’s would-be fourth MNO, high on the things-to-do-list.
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Partnerships & AlliancesDT teams with Cellnex for European tower expansion
Two groups firm up relationship following a long courtship. Dutch unit T-Mobile Infra to be DT’s anchor investment in new Digital Infrastructure Vehicle. Move releases DT to join European TowerCo gold rush, but while keeping options open on future ownership of its own infrastructure assets.
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PeopleVantage Towers CEO says he’s no Vodafone lackey
Vivek Badrinath emphasises operational and strategic independence from Vodafone. CEO claims Europe is 20 years behind the USA in commercialisation of towers. Newspaper interview used to defend upcoming listing on Frankfurt Stock Exchange.
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M&ATelefónica sells infra biz to American Tower
Telxius finds a home at US infrastructure giant. Transaction expected to wipe €4.6bn off Telefónica net debt.
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Network & InfrastructureVodafone bulks up Vantage Towers with Cornerstone
Vodafone UK and Telefónica UK give each other freedom to “commercialise” their 50% stakes in Cornerstone JV. Transfer of Vodafone’s shareholding to Vantage Towers to take place within weeks. Important (and long-awaited) addition to Vodafone’s European TowerCo ahead of upcoming IPO.
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Network & InfrastructureINWIT ties up loose ownership end
Telecom Italia sells remaining direct stake in TowerCo, co-controlled with Vodafone, to Canson Capital Partners.