All Towers articles – Page 10
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Network & InfrastructureVantage in ‘smart-site’ tech update to evade energy risk
Project comes in response to need for more detailed power billing to key clients, including Vodafone.
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Network & InfrastructurePrivate equity firms make joint bid for Deutsche Funkturm
KKR-led consortium reportedly submits binding offer for controlling stake in Deutsche Telekom’s German towers business.
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Network & InfrastructureDeutsche Funkturm rumours continue as bidding enters second phase
Unnamed sources parade panoply of Deutsche Telekom monetisation options for German towers business, apparently valued at around €20bn (including debt).
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PremiumTelefónica ramps up Ecuadorian tower plans
Operator recruits Tower One Wireless to build sites and finance equipment.
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Strategy & ChangeTowerCo agenda in “final stages” as Vodacom targets power resilience
Inter-operator synergies and power supply assurance the top priorities for upcoming TowerCo.
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Network & InfrastructureVantage gains build wiggle room with Vodafone deal change
TowerCo builds production speed and “optionality” by securing licence to outsource part of its site expansion work for Vodafone Germany.
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M&ATPG sells towers to Canadian pension fund
CEO Berroeta claims balance sheet boost is “strong outcome” for shareholders. Enterprise value set at AU$ 950m. After transaction costs and tax, TPG will bank a more modest sum of between AU$ 350m and AU$ 400m. Transaction includes 20-year master services agreement.
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OperationsIndus seeks to move on from “nail-biting” Vi crisis
Indian tower giant sees “discomfiting” client payment worries subsiding
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PremiumTIM accepts Ardian bid for INWIT stake
Italian operator to sell majority of its stake in towers venture to private equity firm.
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M&ADT hoping for speedy resolution amid ‘multiple’ tower bids
Future of Deutsche Funkturm to be determined following bids from various parties, with American Tower, Cellnex, KKR, and Vantage Towers all named. DT apparently keen to seal a deal sooner rather than later. Despite previous intent to complete full sale, minority option remains “attractive”.
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PeopleVictus Networks names new CEO
Ericsson’s Antonios Chondros takes the helm at Vodafone Greece’s network sharing joint venture with WIND Hellas. Chondros replaces Dionysis Grigoratos, who departed in February to join New SIA Greece.
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PremiumElsewhere in Deutsche Telekom Group: DT top of the pile
DT is top telco brand in Europe, again, and surpasses new arch-rival AT&T in global premier league.
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PremiumElsewhere in Vodafone Partner Markets: VfNZ exploring tower sales
Entel sells four data centres to Equinix; VfNZ kicks off towers sale process, and acquires majority share in cybersecurity provider DEFEND.
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PremiumElsewhere in Vodafone Group: Vantage Towers investment rumours
Towers deal talk still bubbling away; VGE taps Comms Group for communications tools.
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OperationsDeutsche Telekom puts tower business up for sale
Group said to be prepping auction of 40,600 masts with an €18 billion price tag attached. Cellnex and American Tower reportedly putting together offers.
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Network & InfrastructureCellnex wins over BT and CMA to secure Hutchison UK tower merger
BT appeased by recent strengthening of its own Cellnex partnership. Cellnex to complete €10bn, six-country deal following approval of UK merger.
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Network & InfrastructureHigh-flying DT partner pilots stratospheric 5G network
Stratospheric Platforms claims success in a demonstration of its High Altitude Platform System, beaming a 5G signal from a mast 45,000ft in the air. The DT investment and strategic partner ran the pilot above Saudi Arabia.
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Financial & PerformanceDT’s FY21 report: events intervene but an empowered Höttges talks tough on towers
Another strong year of growth for Group, led by USA. Unfortunate clash with Ukraine invasion dulls shareholder reaction. Executives stress openness and flexibility when it comes to a big TowerCo deal, but want full recognition of DT assets’ worth. Muddiness on future of BT holding. Inflationary pressures said to ...
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M&AINWIT eyeing European towers for potential M&A
Vodafone and Telecom Italia TowerCo joint venture lays out framework for “financial flexibility”, enabling M&A when opportunities arise. CEO Giovanni Ferigo claims organic growth remains the focus, but admits interest in smaller European players. Capital allocated to enable inorganic options.