Iliad flogs a bunch of towers to reduce debt pile
French telecoms conglomerate Iliad is selling most of its tower assets in France and Italy to Cellnex for €2 billion.
French telecoms conglomerate Iliad is selling most of its tower assets in France and Italy to Cellnex for €2 billion.
Vodafone UK and Telefonica UK (O2) will be entering into a new infrastructure-sharing relationship ahead of the much-anticipated 5G rollout.
Debt-riddled French telco conglomerate Altice has raised some much-needed cash by selling stakes in two of its tower holdings to private equity.
Telkom Kenya has announced it has reached a definitive agreement to sell up to 723 towers to American Tower, expanding the latter’s footprint to a fifth country in Africa.
Malaysian telco Axiata, via its subsidiary Edotco, is buying the tower business of the largest Pakistani operator Jazz.
Telecoms infrastructure company Cellnex has bought 2,239 towers in Switzerland from Sunrise, as part of an investment consortium.
Spanish infrastructure player Abertis has formally announced the IPO of its telecoms operations, a manoeuvre made possible by spinning it off to form the wholly-owned subsidiary – Cellnex Telecom – at the start of this month.
American Tower Corp has announced it is toacquire Bharti Airtel’s Nigerian towers, marking the firm’s first entrance to the country’s market. Under the deal Airtel will however have a tenancy of the 4,800 towers for at least 10 years.
African telecoms tower specialist Helios Towers has raised $630m in new investment, supporting its claims that there is huge potential in the African market for tower sharing and management.
Telecom Italia’s Brazilian operation, TIM Brasil, is considering offloading its cell tower infrastructure in a bid to unlock more value from the assets and make the company more efficient.
Mobile tower outsourcing in Africa continues apace with Vodacom Tanzania on Monday striking a deal to offload its entire tower network to Helios Towers and rent access back.
Vodafone Ghana said Tuesday it has signed a ten year contract with African tower company Eaton Towers, to take over the operations and co-location management of 750 telecom towers for the Ghanaian operator.
Wireless infrastructure operator American Tower Corporation (ATC) said Wednesday it has agreed to acquire a further 4,450 wireless communications sites in India via the purchase of Essar Telecom Infrastructure.
Indian communications infrastructure operator GTL Infrastructure is to take over the tower assets of local carrier Aircel in a deal valued at $1.84bn.
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