TowerCos – Page 10
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Network & Infrastructure
The Backfill: Macquarie snaps up majority stake in CloudExtel
Macquarie Capital secures majority stake in Indian network-as-a-service business CloudExtel.
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Financial & Performance
Vodafone FY22–23: Della Valle to bring Group “back to basics” with business-first approach
New CEO wants Group turnaround to build on existing strengths in B2B while fixing customer experience declines.
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Network & Infrastructure
Telekom Deutschland revs up motorway mobile coverage
German NatCo teams up with Autobahn GmbH to accelerate network expansion.
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Network & Infrastructure
The Backfill: InfraVia fuels energy transition with new metals fund
InfraVia Capital Partners launches Critical Metals Fund to support transition to renewable energy sources.
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O2 Germany hangs up on 1&1’s call for 5G national roaming
Dogged by 5G rollout delays, Germany’s fourth mobile operator explores a regulatory option for faster coverage expansion.
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INWIT untroubled by Voda-Iliad rumours as new opportunities open up
Prospect of market consolidation seen as more good news than bad for Vantage Towers’ Italian JV.
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Venturing & Investments
Australian pension fund seals Vantage Towers stake
UniSuper announces acquisition of 5% stake in TowerCo after “an extensive due diligence process”.
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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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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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Vodafone people moves: Vodafone Business selects new International & EU-Cluster Director
Fánan Henriques pivots from role as Director of Strategy & Transformation to become International & EU Cluster Director at Vodafone Business.
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Premium
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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Vodafone embraces network-based weather forecasting
Telco opening up its network to enable rainfall monitoring solution, underpinned by technology from Wireless DNA that analyses electromagnetic waves to measure atmospheric humidity and precipitation levels.
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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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Premium
Vodafone people moves: Safaricom Board shuffles once again
Karen Kandie and Ory Okolloh announced as new board members, replacing Stanley Kamau and Bitange Ndemo, respectively.