Cellnex revenues surge after acquisition spree
Telecoms infrastructure giant Cellnex has reported a revenue jump of 48% following an aggressive acquisition spree over the latter stages of 2019 and early 2020.
Telecoms infrastructure giant Cellnex has reported a revenue jump of 48% following an aggressive acquisition spree over the latter stages of 2019 and early 2020.
The Netherlands Authority for Consumers and Markets (ACM) has launched a consultation to identify the pros and cons of a more collaborative approach in telecoms.
The Telefonica Group is one business which has been under the pressure of debt for years, though it has chipped off another sizeable chunk by selling German towers to its subsidiary Telxius.
Phoenix Tower International has announced an agreement to purchase 650 wireless towers from Irish telco eir, expanding its infrastructure footprint to a new European nation.
A new joint venture between Phoenix Tower International and Bouygues Telecom has been announced to develop approximately 4,000 new towers across France to its 5G prospects.
Spanish tower operator Cellnex has continued down the path of aggressive expansion, launching a new joint venture with Bouygues Telecom and announcing 15% growth at its earnings call.
Telcos are scrapping and scraping around to fuel the 5G euphoria which has gripped the industry, and any option to do it more cost effectively would be lovingly embraced.
The Ulster Farmers Union (UFU) has suggested telcos are unfairly implementing entitled powers through the Electronic Communications Code (ECC) to drive down land rental costs.
Cellnex has expanded its European footprint once again through the acquisition of Omtel, taking the infrastructure giants into the Portuguese market.
Telefonica has confirmed the sale of 2,029 towers in Ecuador and Colombia for €290 million to Phoenix Tower International.
Iliad has confirmed the sale of its tower businesses in France and Italy to European infrastructure giant Cellnex.
Brookfield Infrastructure has expanded its communications infrastructure portfolio to the UK through the acquisition of a 93% stake in Wireless Infrastructure Group (WIG).
Spanish infrastructure giant Cellnex has said it will acquire the Arqiva telecommunications business unit for £2 billion.
Broadband 50 2021 nominations open https://t.co/3g1DXv6b34 #Events #events
26 February 2021 @ 15:40:05 UTC
The Cellnex shopping spree moves to Poland https://t.co/Ca30f3FKsv #Towers #Cellnex
26 February 2021 @ 13:24:02 UTC
Telefonica has more LatAm fibre deals in the pipeline https://t.co/534ygZDtGc #Corporate #Fibre
26 February 2021 @ 12:44:02 UTC
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