All Europe articles – Page 23
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M&A
Cellnex seals the deal on Nordics stake sale
TowerCo offloads 49% share in its Danish and Swedish units to Stonepeak, which operate around 4,600 towers. Proceeds to serve as fuel for its debt reduction drive.
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Public Affairs
Digi reportedly reaches deal for Orange–MÁSMÓVIL remedies
Bloomberg report indicates that a provisional deal has been agreed that could pave way to approval of contentious Spanish transaction.
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People
“I don’t want to be loved”: DT’s Höttges discusses his drivers as a CEO
Outspoken CEO of Europe’s biggest telecoms player reflects on vagaries of his management style.
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Public Affairs
Telefónica ‘switches gears’ on Spanish job cut scheme
Operator to implement ERE incentivised early-retirement plan for first time in eight years, with plan framed as necessary due to “functional excess” of workers. Unions already seeking protections for those affected. Move marks continuation of Spanish personnel cost-cutting drive.
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Public Affairs
Magyar Telekom hails end of Hungary’s utility tax
Parliament adopts act to repeal tax that cost Magyar Telekom about €20m in FY23.
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M&A
Digital 9 seeks cash stopgap after Icelandic data centre exit
Pressured UK infra investment house launches strategic review of its digital asset portfolio after securing Ardian’s signature on a sale of data centre operator Verne Global.
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Venturing & Investments
IFM targets UK infra with £10bn capital injection
Australian investor plans to analyse “commercially viable” opportunities in collaboration with UK government, bolstering its existing commitments to fuel the nation’s infra expansion.
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Network & Infrastructure
Deutsche Funkturm, Vantage both lay claim to ‘first’ MIG tower deployment
MNO-affiliated TowerCos finish neck-and-neck in construction of first white spot towers funded by state-backed programme. Subsidy, collaboration deemed key to widening Germany’s rural coverage. Further projects in accelerating pipeline…
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Network & Infrastructure
VM O2 and Community Fibre net London school infra deals
Virgin Media O2 Business to provide and maintain dark fibre infrastructure for nearly 3,000 schools until 2038, via a tweak to LGfL deal. Education-focused broadband trust signs separate Community Fibre contract for added resilience.
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Strategy & Change
Virgin Media hits milestone in fibre-focused IT refresh
Execs highlight progress in digital refresh underpinning cableco’s transformative, twin-push into fibre infrastructure and wholesale business.
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Network & Infrastructure
Austria’s Magenta Telekom chooses Mavenir for cloud-native voice
Austrian NatCo shifts to software-defined approach for voice, enabling LTE and Wi-Fi-based services now, and paving the way for voice-over-New Radio in future.
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Products & Services
1&1 to activate mobile services after 5G added to O2 roaming deal
No details provided about surprise expansion of national roaming deal with O2 Germany.
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M&A
Private equity buyout of Gresham House moves closer
UK infra investor announces clearance of regulatory and other obstacles to takeover by Searchlight Capital Partners.
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Public Affairs
Telefónica to ‘firm up’ Spanish job cut plans with unions
Operator to negotiate new incentivised early-retirement plan with the UGT and CCOO, continuing its efforts to reduce personnel costs and simplify structurally.
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Network & Infrastructure
Telekom Deutschland seeks civil engineers to speed fibre build
German NatCo takes action to address shortage of resources in civil engineering.
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People
DT picks out new German finance chief
Telekom Deutschland makes a paired announcement of its new finance lead and MD of Sales and Service, while stressing its ongoing focus on digitalising the finance division (and others), improving customer satisfaction, and driving fibre deployment.
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M&A
Austria and Ireland ‘up next’ on Cellnex’s sale agenda
Tower group said to be weighing up options at another two subsidiaries, including part or full sales, following various transactions in last year. The report comes shortly after CEO Marco Patuano expressed his appetite for more outgoing M&A deals, to support leverage reduction.
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M&A
OTE seeks a Clever deal to secure Romanian exit
Deutsche Telekom-controlled Greek group is in talks with the owner of local broadcaster Clever Media Network over a long-mooted sale of Telekom Romania Mobile.
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Products & Services
Telefónica SD-WAN upgrade blends partners in Spain
Telefónica Tech evolves FlexWAN security solution with network management tools. Partner roster expanded to Cisco, Fortinet, HPE Aruba, Nokia and Teldat.
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Financial & Performance
Vodafone’s problem children: German remedial progress, Spain disowned, UK betroved, Italy seeks paramour
Vodafone Europe H1 FY23–24 insights, including Germany still needing to navigate TV exodus; regional organic growth; the happier story at remnant smaller markets; and more…