All TowerCos articles – Page 3
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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
Helios keeps M&A plans on ice, despite sunny outlook
Middle East and Africa tower group to remain disciplined on deal-making, despite being ahead of the game on leverage reduction and growth.
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Network & Infrastructure
‘Show me the money’: vHive’s economic case for autonomous Tower Digital Twins
The TowerCo opportunity is no longer principally a real estate play, as traditional players work to extract more value from physical assets, and neutral infra players expand ambitions. vHive presents hard cash evidence supporting digitisation as key to unlocking a new level of economic worth.
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Strategy & Change
American Tower’s departing CEO talks up 5G, data centres, and AI
Tom Bartlett signs off on 14-year stint at US infra giant, arguing it is positioned favourably to handle rising AI and data demands as it scales its global digital infrastructure.
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People
Tom Bartlett steps down as American Tower CEO
Steve Vondran appointed to lead TowerCo starting in February 2024.
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People
Cellnex appoints new finance chief as reorg continues
Raimon Trias joins TowerCo after José Manuel Aisa Mancho seeks new horizons.
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Network & Infrastructure
The Backfill: Investors join forces to improve UK public-private infra projects
Investment firms want better approaches to planning, operating, and maintaining infrastructure projects in UK. Tower operators in the country also group up to improve regulation and standards in wireless infra rollout. Elsewhere, KKR submits binding offer for TIM’s fixed assets. Read more…
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Interview
TOTEM CEO eyes pole position in MNO network strategies
Network X: TOTEM CEO Nicolas Roy discusses the TowerCo’s industrial plans and strategic site ambitions.
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M&A
Cellnex takes over WHP’s Scottish tower assets
Behind-scenes acquisition sees group become tower partner for Scotland’s publicly-funded 4G rollout initiative.
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People
Digital 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 & Infrastructure
The Backfill: Infratil, L&G up stakes in UK data centre player
Infratil and L&G Capital boost funding for Kao Data’s UK expansion efforts.
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M&A
Phoenix Tower dips a toe into Germany with 220-site NOVEC buy
US wireless infra group takes first step into German market through acquisition of rural-focused NOVEC.
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Eventwatch
American Tower eyes open RAN for ‘next-gen’ neutral host services
Infra giant performing PoCs with ORAN-equipped solutions that could address MNO demand for advanced urban and in-building services.
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People
American Tower crowns new CEO of Europe
American Tower names Thierry Amarger as CEO of Europe as Pieter Nel steps down.
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Network & Infrastructure
The 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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Network & Infrastructure
The Backfill: Stonepeak secures stake in Cellnex Nordics
Stonepeak acquires 49% stake in Cellnex’s Nordic operations. Eutelsat closes out merger with OneWeb, while CityFibre, Community Fibre, and YouFibre continue expansion efforts in UK fibre scene. Read more…
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Network & Infrastructure
The Backfill: Macquarie and KKR take stakes in data centre players
Consortium led by Macquarie Capital acquires majority ownership in KevlinX, while KKR snaps up 20% of Singtel’s data centre unit. DigitalBridge recapitalises portfolio data centre business, while Raxio and IHS Towers prep new build projects. Read more…
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Network & Infrastructure
The Backfill: Helios Towers bags $720m in debt facilities
Helios Towers signs off on new debt facilities, partially to fund new cash tender offer. Fibre M&A continues in Europe, while MTN Nigeria replaces IHS with ATC in new tower deal. Read more…
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Partnerships & Alliances
Cellnex seeks financial partner for Nordic operations
Spanish TowerCo appoints AZ Capital in hunt for fresh backing for assets in Denmark and Sweden.
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People
Digital infra people moves: Arqiva, Vantage DC switch up C-suite
Arqiva simplification leader steps down, while Vantage Data Centres onboards first CISO. Elsewhere, Brightspeed appoints new CEO, and UK altnets Hyperoptic and Vorboss add new faces to senior management team. Read more…