APAC – Page 3
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OperationsVi ‘seeks flexibility’ as Indus threatens to turn off lights
Struggling joint venture discussing “softer payment terms”.
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PremiumVi rivals set the pace for 5G rollouts
Bharti Airtel and Reliance Jio to start offering 5G services in October.
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M&AVodafone in talks over Indus Towers sale
Canadian pension fund CDPQ linked to acquisition of Vodafone’s 21% stake.
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Financial & PerformanceIndus weathers Vi financial storm, sets sights on 5G
India’s TowerCo JV deals with impact from struggling client.
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Network & InfrastructureVodafone NZ agrees €1bn passive towers sale
Operators’ owners Brookfield and Infratil strike deal with private equity firms InfraRed and Northleaf.
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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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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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PremiumVi goes 5G network slicing with Nokia
Trial in Gandhinagar purportedly enables high-resolution VR content. TRAI sets deadlines for consultation process with “stakeholders” on auction rules for delayed 5G spectrum auction.
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PremiumVodafone New Zealand said to initiate tower spinout
Former Vodafone OpCo’s parents reported to have hired advisors to guide them through separation and monetisation. Move comes with regional tower market heating up. Both Spark and Vodafone NZ moot interest in infra-sharing.
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PremiumDT heads down under for fibre mate
Australia’s IFM named as Gigabit investment partner following long period of speculation. Move adds to TDE CEO Gopalan’s box of tricks as he seeks to pragmatically accelerate the Group’s slow-building fibre deployment. Startup JV embedded with various protective measures for DT, such as balance sheet deconsolidation, and long-term/standalone strategic ...
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Strategy & ChangeElsewhere in Vodafone Associates & JVs: Indus tidies IT up
Indus tidies IT up; India becomes potential early target for Vodafone’s sat venture with AST.
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M&ATPG puts feelers out for TowerCo deal
Australian JV conducting “preliminary market assessment” ahead of possible spin-off. Scope of monetisation would be limited by operator’s low level of site ownership. Competitors have already made moves.
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Strategy & ChangeElsewhere in Vodafone Associates and JVs: Vi and Vantage on 5G
Vi and Vantage Towers Greece get involved in 5G trials.
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Network & InfrastructureIndus Towers talks up ‘next-gen’ tech revamp
Former Finance Director of Vodafone Intelligent Solutions takes on CFO role at newly combined entity. Expanse moves come with Vodafone said to be contemplating selling part of its Indus stake to help out troubled Vi.
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M&AVi cashes in from Indus Towers–Infratel merger
Vodafone’s loss-making JV in India gets a much-needed cash boost from sale of Indus stake. Vi reportedly in talks with private equity investors to raise more funds.
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PremiumIndus Towers–Infratel merger finally moves forward
Rejigged agreement offers a safety net for TowerCo amid ongoing questions over Vi’s future.
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Strategy & ChangeElsewhere in Vodafone's Associates & JVs: Vi confirms Indus Tower merger is back on
Dutch cable switchover resumes; Subex gains a role in Vi’s IT consolidation.
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PremiumInfratel–Indus Towers merger remains in limbo
Deal, agreed more than two years ago, continues to be clouded in uncertainty. Latest delay likely related to uncertainty over Vodafone Idea’s payment of AGR dues. Bharti Infratel chairman confident of favourable ruling from Supreme Court, and that Vodafone will “definitely stay” in India.
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PremiumVHA, Nokia take 700MHz path to 5G
JV aims to complement 3.5GHz 5G with low-band spectrum, “Optimisation” of 4G and 5G hints at AirScale DSS. Australian government and ACMA prep release of 850MHz and 900MHz frequencies for next-gen tech.
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