Towers – Page 16
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Network & InfrastructureDeutsche Funkturm CEO says three’s a crowd in Germany
Jacobfeuerborn hints at further expansion abroad as ‘crowded’ home market dims growth prospects. ‘Grey spot’ network-sharing among German MNOs a concern.
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Network & InfrastructureDeutsche Telekom wraps up Austrian tower spinout
Another building-block added to multi-layered platform Group is bringing together in European tower space.
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Network & InfrastructureIndus Towers talks up ‘next-gen’ tech revamp
Former Finance Director of Vodafone Intelligent Solutions takes on CFO role at newly combined entity. Expanse moves come with Vodafone said to be contemplating selling part of its Indus stake to help out troubled Vi.
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Network & InfrastructureTelefónica fires starting gun on Drillisch 5G
Spanish giant’s German operations finally agrees national roaming deal with country’s would-be fourth MNO. Paves way for 5G rollout by Drillisch. TowerCos circle market entrant for new business.
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PeopleVantage Towers taps Ericsson sales guy for Germany push
Peter Zehetner joins Vodafone’s TowerCo spinout as Managing Director in Germany. Formerly Ericsson’s Commercial Director in western Europe, Zehetner brings years of sales experience to the Vantage team. Winning business from Drillisch, Germany’s would-be fourth MNO, high on the things-to-do-list.
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Partnerships & AlliancesDT teams with Cellnex for European tower expansion
Two groups firm up relationship following a long courtship. Dutch unit T-Mobile Infra to be DT’s anchor investment in new Digital Infrastructure Vehicle. Move releases DT to join European TowerCo gold rush, but while keeping options open on future ownership of its own infrastructure assets.
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PeopleVantage Towers CEO says he’s no Vodafone lackey
Vivek Badrinath emphasises operational and strategic independence from Vodafone. CEO claims Europe is 20 years behind the USA in commercialisation of towers. Newspaper interview used to defend upcoming listing on Frankfurt Stock Exchange.
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M&ATelefónica sells infra biz to American Tower
Telxius finds a home at US infrastructure giant. Transaction expected to wipe €4.6bn off Telefónica net debt.
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Network & InfrastructureVodafone bulks up Vantage Towers with Cornerstone
Vodafone UK and Telefónica UK give each other freedom to “commercialise” their 50% stakes in Cornerstone JV. Transfer of Vodafone’s shareholding to Vantage Towers to take place within weeks. Important (and long-awaited) addition to Vodafone’s European TowerCo ahead of upcoming IPO.
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Network & InfrastructureINWIT ties up loose ownership end
Telecom Italia sells remaining direct stake in TowerCo, co-controlled with Vodafone, to Canson Capital Partners.
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PremiumElsewhere in Vodafone's Associates and JVs: Vi joins techco targets
Vi toes the techco line; Zain not intent on gate-crashing Vodafone Egypt sale.
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M&ACellnex open to Telxius grab
TowerCo CEO cheerfully talks up prospect of acquiring stake in Group’s infrastructure business. Idea of Telefónica-Cellnex tie mooted previously — and never totally quashed. Telefónica’s weakening debt profile may prompt inorganic action around infrastructure.
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M&AVi cashes in from Indus Towers–Infratel merger
Vodafone’s loss-making JV in India gets a much-needed cash boost from sale of Indus stake. Vi reportedly in talks with private equity investors to raise more funds.
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Network & InfrastructureOrange CEO open to pan-European TowerCo idea
Stéphane Richard sees “interesting opportunity” in possible tie-up with Deutsche Telekom or Vodafone. CEO wants to do “something smarter” with tower assets than selling masts to accumulator Cellnex.
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Network & InfrastructureVodafone Hungary spins out its tower operation
New Hungary TowerCo mirrors recent moves across European businesses. Another foundation stone laid for Vodafone’s Vantage Towers float. Gergő Budai takes CEO spot.
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Network & InfrastructureLowth downplays tower monetisation benefits
BT is continuing to buck the trend of creating TowerCos as it continues to value control over infrastructure assets.
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PremiumIndus Towers–Infratel merger finally moves forward
Rejigged agreement offers a safety net for TowerCo amid ongoing questions over Vi’s future.
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M&AMBNL’s future up in air as Three ponders mast sale
Both MBNL and Cornerstone, UK MNOs’ two tower joint ventures, appear on the verge of an ownership revamp. Three exit could tie with moves by CK Hutchison to establish a separate TowerCo.
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Network & InfrastructureT-Mobile US ups 5G pace with tower deal
Deal agreed after exchange of words over pace of 5G network buildout. Agreement worth $17bn over 15 years.
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Strategy & ChangeElsewhere in Vodafone's Associates & JVs: Vi confirms Indus Tower merger is back on
Dutch cable switchover resumes; Subex gains a role in Vi’s IT consolidation.