It’s towers up, small cells down for buoyant Crown Castle
Crown Castle has upped its full-year guidance for the second time this after posting a strong set of quarterlies on the back of 5G growth in the US.
Crown Castle has upped its full-year guidance for the second time this after posting a strong set of quarterlies on the back of 5G growth in the US.
The UK’s competition watchdog is proposing to take its investigation into Cellnex’s planned acquisition of CK Hutchison’s towers to the next level unless they can give it a good reason not to.
Ambitious Spanish infrastructure specialist Cellnex has completed its acquisition of Polkomtel Infrastruktura.
Cellnex has closed the Italian portion of its European towers mega-deal, adding over 9,000 sites to its growing European footprint.
It’s all go in the telecoms towers space, with two remarkably similar deals worth billions of dollars coming on both sides of the planet.
The latest deal in the action-packed telecoms towers sector sees asset manager Allianz Capital Partners taking a half-billion-euro stake in American Tower’s European division.
Telefonica has lopped the best part of €4 billion from its debt pile in the space of a couple of days by closing the sale of towers in Europe and Latin America.
Vantage Towers aims to generate revenues of around the €1 billion mark in the current financial year, a modest increase on its pro forma turnover in full-year 2021.
Australia’s telcos have not moved as quickly as their European counterparts, but 2021 is shaping up to be the year of towers sales down under.
Orange is reportedly considering buying back an infrastructure asset it sold almost two decades ago to boost its recently-created TOTEM towers business.
Africa-focused telecoms infrastructure specialist Helios Towers has expanded to the Middle East with the acquisition of 2,890 sites from Omantel.
American Tower has agreed to sell a big chunk of its European business to Canada’s CDPQ to help it fund the acquisition of Telefonica’s towers business.
Cordiant Digital Infrastructure, a newly-launched investment trust, has picked up its first two investments, a mobile towers business in the Czech Republic and a fibre network in Norway.
The biggest takeaway from Q1 reporting season is that in this, the 5G rollout phase, the impetus remains with the tower providers rather than the mobile operators themselves.
The UK government wants to allow mobile operators to build taller and wider masts in rural areas, a move that is designed to improve mobile coverage.
Cellnex’s mega-deal to acquire CK Hutchison’s telecoms towers has come up against a regulatory hurdle in Italy.
The towers specialists are at it again. The past few days have brought news of a sizeable telecoms towers deal in Latin America, while a smaller acquisition is underway in Europe.
Indosat Ooredoo is raising money to fund network improvements in a way that has become very familiar to the telecoms space in recent years: it is selling off passive infrastructure.
Saudi Arabian operators Mobily and Zain have received the green light from the country’s telecom regulator for a plan to merge their towers assets and seek external investment.
Bharti Airtel has brokered several more towers deals that will see it sell off 2,500 towers in Africa to passive infrastructure specialist Helios Towers.
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