All Vantage Towers articles – Page 6
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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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PremiumVodafone Q4 FY21–22: ‘Keep calm and carry on’
Read once again assures shareholders that M&A activity is on the horizon.
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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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PremiumElsewhere in Spain: TSA to leverage Agama solution
Vantage upsells Telefónica on 5G; broadcast services arm shoots for quality with Agama deal.
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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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PremiumElsewhere in Vodafone Associates & JVs: Bharti Airtel Chairman wants “affordable” spectrum
TRAI proposes near-40% reduction across spectrum bands in upcoming auction; Vodafone Egypt acquires 10% stakes in e-payment platforms Bee and Masary.
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PeopleVodafone people moves: German leadership continues evolution
Vodafone Germany CEO replacement named; Networks lead confirmed; and Commercial Operations lead filled temporarily. Vodafone UK’s strategy chief Dixit set to join former CEO Jeffery at Frontier. Vodacom SA CEO Sharma confirmed departure leaving vacancy at the top. Vodafone Carrier and Partner Markets names regional management changes.
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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 Vodafone Associates & JVs: United Internet making moves in Germany
United Internet steps up network launch; TI opens KKR talks.
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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 Associates & JVs: Vantage bags new infra partnerships
Vodafone Foundation Australia given makeover; Vantage flags two new infra partners; Vi welcomes Mobile Streams services.
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M&APrivate equity fund offers to buy TIM’s INWIT stake
Telecom Italia looks set to further slim its interest in its towers JV with Vodafone. French fund Ardian leads the consortium of prospective buyers, with a majority share of TIM’s 15.4% stake on the table.
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PremiumVodafone Q3 FY21–22 Headlines: Germany struggles, Africa bubbles
Group service revenue growth for fifth successive quarter. German user experience blunder takes gloss off solid set of numbers. Read continues to blame COVID-19 for German struggles, despite rivals’ success. Vodacom makes “very good progress” as Vodafone Egypt deal nears.
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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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OperationsINWIT targets faster growth with management reshuffle
New Technology and Operations department created, headed temporarily by CEO Giovani Ferigo. Ferigo will relinquish the role once a CTO is appointed, expected “shortly”. Senior tech executives Massimo Giuseppe Scapini and Elisa Patrizi pushed out.
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Financial & PerformanceVodafone’s Q3 deciphered: glad-handing activists; German misfire; IoT, Africa fintech blossom
Management seeks to seize back agenda amid growing City pressure for urgency on asset sales. CEO Nick Read assures Group will be “proactive” in finding returns-focused deals. German user experience misstep takes gloss off solid set of numbers. Price rises planned across Europe, in response to rising costs.
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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.
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Network & InfrastructureVantage eyes €1bn EU fund for 5G roads and railways
TowerCo gets its motor running to head out on the 5G highway. Pursues EU-funded 5G Corridor projects. European Commission targets 5G coverage on all transport routes by 2025 and allocates €1bn for cross-border network projects.