Towers – Page 8
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PremiumCDPQ ‘overtakes KKR’ in American Tower India stake race
Reports suggest Canadian investor looks the more likely buyer after moving faster than rival KKR bid.
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M&AINWIT 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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PremiumInvestors 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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PremiumAmerican 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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PremiumOrange 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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PremiumTelefónica, 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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PeopleVantage Towers: CEO Badrinath scarpers as Vodafone TowerCo charts KKR-fuelled ‘next phase’
Vivek Badrinath, three-year founding CEO at Vantage, unexpectedly leaving by the end of year to head back to family in France. Exit comes amid change of ownership (and, likely, reset), as Vodafone cedes control of European TowerCo to private equity.
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PremiumDeutsche Telekom closes out €10bn towers sale
Deutsche Telekom completes transfer of majority ownership in German and Austrian tower business.
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PremiumA 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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PremiumPantheon 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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Venturing & InvestmentsDIF Capital Partners adds RFNOW to growing fibre portfolio
DIF extends focus on Canadian fibre market with purchase of RFNOW.
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PremiumIndus Towers posts loss as pressure piles on ailing client Vi
TowerCo forced to make large provision against ‘doubtful debts’.
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PremiumHigh 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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PremiumAmerican 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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PremiumExtreme weather to test network resilience in 2023
Forecast: more severe storms and heat with a chance of network outages.
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PremiumBT brings in Aussie exec for fresh look at wireless assets
New team being built within BT to evaluate revenue and efficiency opportunities around unilateral towers and other network elements.
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PremiumT-Mobile Poland rules out tower spinoff, plots earlier 3G sunset
TMPL has no plans to spin out towers or build a fibre network.
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PremiumCzech Republic is next on DT’s wireless infra separation list
NatCo transfers passive wireless infrastructure to new entity T-Mobile Infra CZ.
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PremiumPrachur 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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PremiumBritish investor picks up Ireland’s Towercom
KKR-owned John Laing acquires bundle of assets from Irish Infrastructure Fund.