All Towers articles – Page 19
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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 & InfraVantage 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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PeoplewatchVictus 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 Group: Vantage Towers investment rumours
Towers deal talk still bubbling away; VGE taps Comms Group for communications tools.
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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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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 & InfraCellnex 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 & InfraHigh-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.
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M&AVodafone explores sale of Indus Towers stake
Group plans to use some of the proceeds to take part in Vi fundraising exercise. Bharti Airtel could buy another 4.7% stake in Indus Towers. Indus security arrangements have been modified, but TowerCo still protected from Vi weakness. In Europe, Vodafone could lose Telecom Italia as partner in ...
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Venturing & InvestmentsTelefónica partner Asterion fills infra fund number two
Investment manager with close links to Telefónica completes set up of a new €1.8bn pot. Five European markets in sights for energy and telecoms opportunities. Madrid-based business has various ex-Telefónica staffers on team and a history of deal-making with Group.
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PremiumElsewhere in Spain: Movistar retail staff in line for pay rise
Unions negotiate 1% salary increase for Movistar retail staff; retail revamp continues with five new stores; Telefónica is discussions with DAZN for remaining La Liga matches.
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PremiumBT wary of Cellnex compromise on CKH tower merger
Spanish InfraCo willing to sell enough sites from existing estate to enable new UK tower player to emerge, overcoming CMA concerns on competition linked to planned CKH infrastructure acquisition. Four companies already stepped forward as potential buyers. BT remains concerned about impact on MBNL and 5G investment plans.
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Financial & PerformanceVantage tweaks schedule after ‘annoying’ builder delays
TowerCo’s build-to-suit programme hit by labour and material supply crunch. Management responds with move to simplify supply and logistics. Execs assure headline operational and financial goals remain in reach.