All Cornerstone Telecommunications Infrastructure (CTIL) articles – Page 4
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Strategy & ChangeCornerstone exit could be early item on VM-O2 agenda
Indications made that prospective JV’s Cornerstone stake seen as non-strategic, and could be jettisoned in name of “national champion” Grand Plan. Sale would raise cash for higher strategic ambition of fibre expansion. Liberty “gearing up” for talks with partners to team up on Gigabit rollout. Fries showing willingness to ...
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PeopleO2 looks to Mexico for access network leadership
Telefónica Mexico CTIO has replaced O2’s exiting Brendan O’Reilly on CTIL board and is taking a broader network leadership role in the UK. Successfully piloting Movistar Mexico’s customer migration to the AT&T access network means incoming Calvo may be able to offer valuable support as Virgin Media/O2 tie-up draws ...
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PremiumTelefónica agrees to monetise Cornerstone
Telefónica UK and Vodafone UK give each other freedom to “commercialise” their 50% stakes in Cornerstone JV. Uncertain how Group’s top brass will proceed, but partial or full sale seems likely.
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Strategy & ChangeElsewhere in Telefónica Infra-Tech: ElevenPaths banks growth in Spain
Telefónica Tech’s IoT & Big Data unit tags contract extensions, while ElevenPaths expands its Spanish order book.
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PeopleVantage Towers CEO says he’s no Vodafone lackey
Vivek Badrinath emphasises operational and strategic independence from Vodafone. CEO claims Europe is 20 years behind the USA in commercialisation of towers. Newspaper interview used to defend upcoming listing on Frankfurt Stock Exchange.
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PremiumElsewhere in Associates & JVs: Mitie takes Cornerstone contract
Consumer loan service in Egypt set for green light; Vi wants 2G open RAN; India continues to drag out tax dispute.
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Network & InfrastructureVodafone bulks up Vantage Towers with Cornerstone
Vodafone UK and Telefónica UK give each other freedom to “commercialise” their 50% stakes in Cornerstone JV. Transfer of Vodafone’s shareholding to Vantage Towers to take place within weeks. Important (and long-awaited) addition to Vodafone’s European TowerCo ahead of upcoming IPO.
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Network & InfrastructureVodafone Hungary spins out its tower operation
New Hungary TowerCo mirrors recent moves across European businesses. Another foundation stone laid for Vodafone’s Vantage Towers float. Gergő Budai takes CEO spot.
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M&AMBNL’s future up in air as Three ponders mast sale
Both MBNL and Cornerstone, UK MNOs’ two tower joint ventures, appear on the verge of an ownership revamp. Three exit could tie with moves by CK Hutchison to establish a separate TowerCo.
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PremiumBT and Vodafone down arms, talk post-crisis teamwork
Home-working seen as creating permanent new need for stronger networks covering UK homes, and potential for collaboration to deliver it. Industry cooperation seen as having played a key role in the robust management of changing demands on national infrastructure sparked by lockdown. Huawei takes a surprising dig at UK ...
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M&AO2 and VM: cash in the attic and a new shop front
While building a strong UK competitor is the headline motivation behind the plan to merge O2 UK and Virgin Media, for Telefónica the deal is a shining opportunity to get its Group finances in order. Structure of the JV suggests a key opening for Telefónica to bring its strong ...
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PremiumTelefónica Transformation: ahead of schedule but hitting a bump
Digital services revenue hits 17% revenue increase year-on-year, with the bulk coming from video services. Telefónica Infra remains barebones, but the future looks promising.
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Strategy & ChangeVodafone's Read talks up tower power (again)
Germanisation of Vodafone continues with choice of Düsseldorf for TowerCo HQ. CEO continues to push for improved asset utilisation in mobile networks, plus sales opportunities. Sharing developments in Germany, India, Italy, Portugal, and UK.
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PremiumTelefónica updates its CTIL oversight team
In January 2020, Telefónica Group refreshed its representation on its UK infrastructure-sharing joint venture (JV) with Vodafone UK, Cornerstone Telecommunication Infrastructure Limited (CTIL).
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PremiumVodafone, Church of England agree to boost rural network coverage
Vodafone UK network joint venture Cornerstone Telecommunications Infrastructure signed a Memorandum of Understanding with the Church of England.
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PremiumChurch of England strikes Cornerstone deal
Telefónica UK and Vodafone UK infrastructure-sharing joint venture Cornerstone reached a new agreement with the Church of England, with the aim of using Church-owned sites to boost mobile coverage in both rural and urban locations.
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PremiumGoldman Sachs examining Telefónica mast sale prospects
It was reported that Telefónica appointed Goldman Sachs to examine its options for monetisation of its mobile mast sites.
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PremiumTelefónica accentuates Vodafone alignment on towers
Two challenged operators out at front of race to offload assets.
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PremiumCornerstone overhauled by JV partners
Greater flexibility injected in new terms. London partnership rolled back, as O2 presses on with City of London deal. Vodafone-led rejig expected to see the O2 rival accelerate its own network development beyond delay-hit Project Beacon.
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