Investors & Finance – Page 16
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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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M&A
Magyar Telekom completes fibre partner buyout
Hungarian operator nets cost reduction and network boost with takeover of partner Cecoin.
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M&A
TIM’s INWIT sale forces Board overhaul
Entire INWIT Board of Directors resigns, with replacements to come in October.
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Financial & Performance
Indus weathers Vi financial storm, sets sights on 5G
India’s TowerCo JV deals with impact from struggling client.
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M&A
TIM clears shareholder hurdle for INWIT stake sale
Vodafone to remain largest shareholder after TIM reduces stake.
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Network & Infrastructure
Telefonica, Liberty unveil fibre JV with InfraVia Capital
Virgin Media O2 owners agree new 50:50 JV with investment firm to fund greenfield FTTP rollout.
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Strategy & Change
Safaricom spreads out on fibre, targets seven-figure connections
Kenyan operator wants to grow its FTTP/FTTB footprint by five times in mid to long term.
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M&A
FiBrasil linked to role in fibre consolidation
Telefónica and CDPQ JV linked to investment plans with country’s fifth-largest ISP, Vero Internet.
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M&A
Vantage Towers CEO says DT M&A option still on
Badrinath sees nothing to preclude consolidation with Deutsche Telekom’s tower assets in Germany.
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Premium
Elsewhere in Vodafone Associates & JVs: Vantage Towers flaunts power backup solution
Vantage Towers heralds new hydrogen‑ and solar‑based power backup solution for base stations.
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Premium
Magyar Telekom snaps up fibre partner
Magyar Telekom optimises lease costs with takeover of network partner.
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Network & Infrastructure
Vantage in ‘smart-site’ tech update to evade energy risk
Project comes in response to need for more detailed power billing to key clients, including Vodafone.
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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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Strategy & Change
Liberty exec predicts ‘end of an era’ for altnet funding
Chief Development Officer Andrea Salvato warns altnets of rocky macro period, set to shake up challenger funding.
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Network & Infrastructure
Deutsche Funkturm rumours continue as bidding enters second phase
Unnamed sources parade panoply of Deutsche Telekom monetisation options for German towers business, apparently valued at around €20bn (including debt).
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Strategy & Change
TowerCo agenda in “final stages” as Vodacom targets power resilience
Inter-operator synergies and power supply assurance the top priorities for upcoming TowerCo.
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M&A
Telefónica receives bids for minority stake in Spanish rural FibreCo
Spanish media suggests either 45% or 49% is up for grabs.
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Network & Infrastructure
Deutsche Telekom’s new JV secures fibre funding
GlasfaserPlus wraps up a €2bn+ lending facility to help get its Gigabit roll out programme up and running.
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M&A
TPG 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.