All Indus Towers articles – Page 2
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PeopleDigital infra people moves: Cellnex reorg brings fresh C-level line-up
Chief Operating Officer and Chief Strategy Officer added to Cellnex management team, with new MDs appointed in four European markets.
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Network & InfrastructureThe Backfill: Vantage DC raises funds to refinance sites
Vantage Data Centers bags $1.35bn in securitised notes to refinance North American data centres. Competition to SpaceX’s Starlink ramps up, while various digital infra players mull strategic options. Elsewhere, KKR sees opportunity in Asian infrastructure market, as it opens a new Indian office.
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PremiumElsewhere in Associates and JVs: TPG and partners showcase future of metaverse
TPG and partners showcase future of metaverse.
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Network & InfrastructureThe Backfill: Northleaf funnels up to $500m into Tillman FiberCo
Northleaf Capital Partners injects new funding into Tillman FiberCo as it preps for expansion. New service agreements formed by SatCos, while Italy’s Ministry of Economy and Finance prepares to take 20% stake in TIM’s fixed-line spinout.
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PremiumVi cash crisis piles pressure on tower partners, investors
Indus Towers seeing some success in debt recovery from Vodafone‑backed operator, but more work to be done.
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Network & InfrastructureThe Backfill: Orbex begins work on UK mainland spaceport
UK-based launch service provider starts up construction of vertical launch site in northern Scotland.
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PremiumIndus Towers posts loss as pressure piles on ailing client Vi
TowerCo forced to make large provision against ‘doubtful debts’.
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PremiumPrachur Sah named CEO of Indus Towers
Former leader of oil and gas producer Cairn takes CEO title at Indus Towers, replacing Bimal Dayal after July 2022 departure.
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Network & InfrastructureVi looks beyond Indus Towers for site tenancies
Brookfield Infrastructure Partners reveals its India tower business has sealed a “commercial deal” with Vi.
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PremiumVodafone people moves: Group-backed TowerCos install new leadership
Widespread changes at Vodafone TowerCo affiliates Indus and INWIT, while Vantage names department leads.
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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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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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PremiumVodafone people moves: HR operations change hands
James McGill takes human resources remit from Bernd Flossbach amid HR changes across Group and subsidiaries.
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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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Venturing & InvestmentsVodafone increases Vi stake
Group outlines commitment to struggling JV, upping its holding by 3.2%. Investment arrives via Vodafone subsidiary Prime Metals in a vital period for Vi. Further cash injections mooted amid government takeover.
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M&AIndian 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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M&AVodafone 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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M&AVodafone explores sale of Indus Towers stake
Group plans to use some of the proceeds to take part in Vi fundraising exercise. Bharti Airtel could buy another 4.7% stake in Indus Towers. Indus security arrangements have been modified, but TowerCo still protected from Vi weakness. In Europe, Vodafone could lose Telecom Italia as partner in ...
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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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