Towers – Page 17
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Strategy & ChangeHeathrow operator Ferrovial has 5G on radar
Emerging tower and private network ambitions look to set up the Spanish group as a rival and/or partner of operators and their infrastructure arms.
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PremiumInfratel–Indus Towers merger remains in limbo
Deal, agreed more than two years ago, continues to be clouded in uncertainty. Latest delay likely related to uncertainty over Vodafone Idea’s payment of AGR dues. Bharti Infratel chairman confident of favourable ruling from Supreme Court, and that Vodafone will “definitely stay” in India.
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Partnerships & AlliancesOTE hums and haws over Greek rivals’ new tower JV
Group prevaricates about throwing its lot in with Vantage Towers Greece, the new JV between Vodafone Greece and Wind Hellas.
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Strategy & ChangeItaly’s INWIT: we’re Mercedes of tower race
CEO sees refresh of INWIT’s internal operations, instigated following meld of Vodafone Italy towers, as basis for industry leadership and stepping stone to expansion into new markets.
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PremiumVodafone people moves: European towercos get new leadership
Three new managing directors at European infrastructure spin-offs in Germany, Ireland, and Spain. VfUK CEO Nick Jeffery joins COVID-19 Recovery Commission. Vodacom and Safaricom find temporary replacements for outgoing execs.
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Network & InfrastructureVodafone pushes ahead with tower IPO
Vodafone has invited pitches for an IPO of its European towers, to be listed by 2021. €10bn–€20bn valuation, with €2bn+ targeted for minority stake.
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PremiumVodafone Idea gets new VP Strategy, Vodafone Towers Europe builds up
Vodafone associates and joint ventures people movements. Vodafone Towers Europe continues to take shape.
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M&ATelefónica Deutschland confirms tower switch
German operating business to transfer 10,100 sites to Telxius for €1.5bn. Transaction to reduce Telefónica’s net debt by €500m between 2020 and 2021, but won’t slow down its accelerated capex drive. Telxius portfolio has doubled since 2016.
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Network & InfrastructureVodafone sets up new Czech TowerCo
Creation of new business is latest move in Vodafone’s M&A and business improvement plan for European sites.
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Network & InfrastructureDeutsche Telekom rethinks German tower expansion plan
2,000 per year add-on ambition “too optimistic” in current circumstances.
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PremiumItalian tower meld completed
Fusion represents a key milestone in Vodafone’s infrastructure separation and cash-raising plan, but does not come without exposure.
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PremiumEC gives a pass for Vodafone strategic Italian tower meld
Green light for tower fusion gives Vodafone heft and offers up cash. Group appears chuffed with EC remedies, which focus on access rights rather than trimming scaled-up new entity.
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Network & InfrastructureMagenta Telekom quietly sets up own TowerCo
Group coy on plans but move opens up partnership and monetisation opportunities.
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Strategy & ChangeVodafone's Read talks up tower power (again)
Germanisation of Vodafone continues with choice of Düsseldorf for TowerCo HQ. CEO continues to push for improved asset utilisation in mobile networks, plus sales opportunities. Sharing developments in Germany, India, Italy, Portugal, and UK.
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Strategy & ChangeVodafone spins off Irish towers
Vodafone establishes new Irish tower business, indiciating a divergence from VfIr’s main structure. Move a part of broader infrastructure recalibration.
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PremiumVivo selling 1,909 towers to Telxius for €140m
Telefónica|Vivo agreed to sell 1,909 tower sites to Telxius Torres Brasil for BRL 641m (€141m).
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PremiumVodafone seen as “natural” tower buddy for Deutsche Telekom
Ill feelings for European enemy pushed aside, superseded by common goal of better capital utilisation.
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PremiumTelefónica accentuates Vodafone alignment on towers
Two challenged operators out at front of race to offload assets.