English mobile masts are putting on weight
Mobile operators in England will soon be able to increase the height and girth of many of their mobile masts without having to apply for planning permission.
Mobile operators in England will soon be able to increase the height and girth of many of their mobile masts without having to apply for planning permission.
Telecom Italia (TIM) has announced it has sold stakes in mobile tower group INWIT to French private equity firm Ardian and Canson Capital Partners, collecting €1.6 billion in the process.
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.
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.
After reporting declines in group revenues, Vodafone needed to bring some good news to the earnings call, and it seems the creation of a standalone tower business has done the job.
The doom and gloom outlook at Vodafone seems to be strangling the glint out of the eyes of designate CEO Nick Read, as the incoming boss ponders selling off the tower business.
Vodafone has announced the completion of the sale of its Indian tower business to American Tower in a move to build the spreadsheets in preparation for the Jio battle.
Italy’s largest operator, Telecom Italia, has set the price range it is aiming for from the IPO of 40% of its INWIT telecom tower subsidiary.
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