All KKR articles – Page 6
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Financial & Performance
Telefónica Q2 FY23 Headlines: Group holds steady
Group maintains solid growth across its operating businesses.
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Digital Reports
Telefónicawatch Report #175 - July 2023
Key stories include: Reorg puts Alonso in innovation driving seat | Group eyes more LatAm infra efficiencies | nexfibre adds funds and readies switch-on | Two become one in Telefónica Tech reorg | Game on for Virgin Media O2
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Strategy & Change
KPN CEO Farwerck wants to ‘snaffle’ infra rivals
Dutch telco interested in following up recent Primevest acquisition with more FibreCo bolt-ons.
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Network & Infrastructure
The Backfill: Filtronic lands European Space Agency contract
Filtronic set to deliver satellite connectivity tech for use by the European Space Agency.
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M&A
Telefónica puts Nabiax stake 'up for sale'
Report from Reuters indicates Asterion has appointed banks to explore divestment of Nabiax, potentially including Telefónica’s remaining 20% stake. Speculation closely follows sale of Nabiax’s Americas portfolio, marking a shift of focus onto Spanish market.
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M&A
Vodafone pockets another €500m from Vantage deal
Global Infrastructure Partners and KKR-led consortium increases stake in Vantage owner Oak Holding to 40%.
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M&A
Entel, Telefónica prep Peruvian fibre JV with KKR
Operators hand over fibre assets to KKR to create ON*NET Fibra Peru.
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Network & Infrastructure
Asterion builds FibreCo challenger to Telefónica in Spain
Olin Group’s portfolio now includes ten regional operators, with collective fibre footprint of 1.6 million premises. FibreCo newcomer plans to open up more than half of its fibre network to third-party operators in 2023. Spain’s saturated fibre sector appears ripe for further consilidation.
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Network & Infrastructure
The Backfill: Global tower footprint passes 800,000
The Global Infrastructure Investor Association reveals year-on-year growth in digital infrastructure assets owned by members.
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M&A
EC raises red flags against Orange–MÁSMÓVIL merger
Body issues ‘statement of objections’ to both operators in European M&A test case.
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People
Digital infra people moves: EU C-suite changes at Telekom Austria, Cellnex, Vantage and ATC
Telekom Austria appoints Ivo Ivanovski and Lars Mosdorf to lead preliminary work in spinning out its tower sites.
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M&A
Orange soldiers on amid regulatory alarm bells over Spanish deal
European Commission expected to send ‘statement of objections’ over proposed merger. Deal seen as EU merger test case in market characterised as highly competitive.
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M&A
Open Dutch Fiber ramps up for growth with TOF buyout
Dutch fibre player snaps up digital infra contracting group to accelerate rollout and meet increasing customer demands.
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Partnerships & Alliances
Telefónica agrees network-sharing deal with Tigo in Colombia
Movistar and Tigo sign MoU to share access network infrastructure in Colombia.
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M&A
Telefónica ‘gears up’ for Peruvian fibre sale
Telefónica Peru said to have recruited Deloitte to help manage partial sale of PangeaCo.
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Network & Infrastructure
Germany’s antitrust watchdog investigates 1&1 allegation of Vodafone obstruction
· Federal Cartel Office launches formal enquiry on whether Vodafone purposefully impeded 1&1 from acquiring 5G antenna sites.
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Strategy & Change
Newbie GD Towers sheds “dinosaur” image, looks east for tower expansion
CEO Bruno Jacobfeuerborn revels in GD Towers’ independence at TowerXchange Meetup Europe. TowerCo confirms organic and inorganic growth are on the agenda, and signals more Deutsche Telekom asset carve-outs in the pipeline.
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People
Infra investor people moves: Patrizia switches up C-suite
Patrizia designates Asoka Wöhrmann as CEO, while Slava Shafir takes up COO mantle.
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Premium
Vodafone Peoplewatch: new CCO named in Italy exec rejig
May 2023 update: Vodafone Italy reveals executive team changes with Lorenzo Forina set to become CCO.
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M&A
TowerXchange Europe: Phoenix Tower explores new avenues for growth, still open to M&A
As tower deals cool off in Europe, comparative upstart Phoenix Tower International looks to operational efficiency and adjacent growth areas. Scott Lewis, VP Next Generation Solutions at PTI, flags difficulties with DAS, and says it’s “early days” for mobile private networks. Warns off engagement with enterprise IT as neither ...