All American Tower articles – Page 4
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People
Infra people moves: Cellnex and OMERS find fresh European leaders
Cellnex makes senior changes in Spain and the UK.
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Eventwatch
Fÿuz 2022: TIP parades rise of neutral host provider
Fÿuz panel highlights significant growth in neutral host NaaS deployments worldwide.
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Network & Infrastructure
BNetzA ‘concerned’ on 4G rollout pace
BNetzA finds Germany’s MNOs woefully short on fulfilling obligations to close down ‘white spots’.
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Operations
Vi ‘seeks flexibility’ as Indus threatens to turn off lights
Struggling joint venture discussing “softer payment terms”.
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M&A
T&Cs proved turnoff for American Tower in Deutsche Telekom deal
American Tower CFO says buyback rights and other T&Cs “not right for us”.
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People
Vodacom installs boss for soon-to-launch TowerCo
South African group appoints regional American Tower figure to lead TowerCo set up.
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Network & Infrastructure
Vivo sets out 5G SA rollout agenda
Operator plans to launch 5G SA in all state capitals by the end of the year.
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M&A
Vodafone in talks over Indus Towers sale
Canadian pension fund CDPQ linked to acquisition of Vodafone’s 21% stake.
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Network & Infrastructure
Private 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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Premium
Elsewhere in Vodafone Associates & JVs: TIM to merge fixed network with Open Fiber
TIM agrees to merge fixed network with Open Fiber with support from private equity players; Australian competition authority to rule on whether TPG–Telstra network-sharing deal can go ahead in autumn 2022.
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Network & Infrastructure
Vantage 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&A
DT 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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M&A
Indian government urged to speed up Vi equity conversion
Debt-for-equity swap yet to go through after months in limbo. Vi said to believe completion is key to securing further investments. Move would give Indian government a 35.8% stake in Vi.
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Operations
Deutsche 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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M&A
Vodafone in talks with investors on 21% Indus stake
Group to participate in Vi’s planned capital raise. Vodafone agrees to sell 4.7% Indus stake to Bharti Airtel. Vi troubles have increased ‘trade receivables’ at Indus over several quarters.
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Premium
Elsewhere 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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Network & Infrastructure
Telefónica’s PangeaCo begins operations in Peru
Telefónica appears to have failed to find an investor for the Peruvian FibreCo. Political situation may have complicated efforts to find a partner.
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M&A
American Tower “excited” by tower M&A in Europe
CFO flags possibility of “compelling things” happening in Europe’s tower scene. Cautions, however, that American Tower in no rush for dealmaking. Deutsche Telekom, Cellnex, Orange, and Vodafone also in the mix for tower M&A.
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M&A
FiBrasil straight into M&A action with Phoenix Fiber buy
Vivo said to have been collaborating with the Phoenix fibre unit since March 2019. Deal brings in a further 170,000 premises, with 310,000 to come.
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Premium
Telefónica finalises Telxius tower sale as infra deals flow
American Tower acquires last tranche of 31,000 Telxius towers for €7.7bn, with deal set to reduce Telefónica net debt by €4.6bn. Fibre InfraCos in Latin America ramp up, with KKR expanding its relationship with the Group. Digital businesses also restructuring with Telefónica Tech spreading its influence.