Towers – Page 9
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Network & Infrastructure
The Backfill: Orbex begins work on UK mainland spaceport
UK-based launch service provider starts up construction of vertical launch site in northern Scotland.
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Partnerships & Alliances
MOWEA partners with ECS Poland on mast turbine pilot
Cleantech startup nets another major tower partner for roll out of wind power solution.
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Network & Infrastructure
The Backfill: AtlasEdge bags new funding to fuel growth
AtlasEdge fortified data centre construction efforts with new financing from consortium led by ING Bank.
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People
Cellnex picks ex-chair Patuano for Chief Executive spot
Board overhaul sees Marco Patuano return to Cellnex as CEO.
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Financial & Performance
Heydemann keeps several plates spinning after first year as Orange CEO
Incoming CTIO Bruno Zerbib expected to bring “new perspective” to the Group. Plus further highlights from Q1 results briefing…
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Network & Infrastructure
The Backfill: SpaceX goes back to drawing board after failed launch
Starship craft explodes at first test launch, with Elon Musk prepping next trial in a “few months”. TIM receives two new offers for passive infrastructure business. More…
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Premium
VM O2 puts Cornerstone stake in shop window
Operator reportedly moving forward with plans to sell at least half of its 50% share in UK TowerCo joint venture.
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Hungary’s 4iG to spin-out, sell-off DIGI infrastructure
Hungarian operator will migrate DIGI customers to Vodafone Hungary network later this year, with a sale of DIGI towers imminent.
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DigitalBridge’s Ganzi remains keen on Europe tower tie-ups
Deutsche Telekom partner sees more life in European tower M&A party, and wants to be “at centre” of remaining action.
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1&1 restructures network deployment plan in wake of Vantage dispute
Updated strategy will see operator deploy 1,207 antenna sites by the end of 2023 alongside tower infrastructure partners.
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Strategy & Change
BT and Three go “unilateral” in MBNL refocus
Sites to be upgraded independently in pursuit of autonomy, efficiency.
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People
Digital infra people moves: Pohlmann named finance chief at Deutsche Funkturm
Former Magenta Telekom CFO takes up same spot at Deutsche Funkturm.
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Premium
CDPQ ‘overtakes KKR’ in American Tower India stake race
Reports suggest Canadian investor looks the more likely buyer after moving faster than rival KKR bid.
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M&A
INWIT flags ‘pipeline’ of potential M&A add-ons
TowerCo boss caveats that any deal-making will be local, small scale, and funded by organic capex.
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Investors kick Cellnex tyres; management ‘open’ to minority sales
Spanish group could bring financial partners into its country businesses, in a bid to speed up push towards financial stability.
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American Tower explores India hand-off amid MNO debt headaches
US group in “exploration mode” over deal to monetise part of its Indian business, amid “challenging business environment”.
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Orange questions sell off of Europe’s ‘critical’ infra
CEO Christel Heydemann wants to keep hold of tower business TOTEM, citing strategic and political concerns around majority sales of infrastructure assets.
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Telefónica, Liberty step back from Cornerstone
Duo said to be putting wheels in motion to halve their stake in UK TowerCo to 25%
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People
Vantage Towers: CEO Badrinath scarpers as Vodafone TowerCo charts KKR-fuelled ‘next phase’
Vivek Badrinath, three-year founding CEO at Vantage, unexpectedly leaving by the end of year to head back to family in France. Exit comes amid change of ownership (and, likely, reset), as Vodafone cedes control of European TowerCo to private equity.
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Deutsche Telekom closes out €10bn towers sale
Deutsche Telekom completes transfer of majority ownership in German and Austrian tower business.