American Tower reportedly eyes $50 billion mega-deal for Cellnex
American Tower and Brookfield Asset Management have come together to table a bid for Cellnex, according to reports emanating from the Spanish press in recent days.
American Tower and Brookfield Asset Management have come together to table a bid for Cellnex, according to reports emanating from the Spanish press in recent days.
Cellnex chief executive Tobias Martinez is not keen on leading the company through its conservative organic growth phase and as such has tendered his resignation.
2degrees has agreed to offload a portfolio of towers assets to Connexa, an entity part-owned by rival Spark, for just over NZ$1 billion.
Cellnex Telecom is putting its wallet away following the long-awaited completion of its UK towers deal, focusing instead on organic growth and boosting its credit rating.
Vodafone has agreed a co-control deal for its Vantage Towers business with Global Infrastructure Partners (GIP) and KKR that could bring in cash proceeds of up to €7.1 billion.
KKR has emerged as the favourite to acquire a stake in Vodafone’s towers business and could broker a deal very soon, if it gets its way, it emerged this week.
Giant Towercos American Tower and Cellnex have opted for partnerships to help them with the next phase of their expansion.
Telco infrastructure giant Cellnex has opened its wallet once again in order to expand its UK presence.
Globe Telecom has agreed to sell 1,350 towers to Phil-Tower Consortium for 20 billion pesos (almost US$340 million), its third towers deal in the past few months.
Vodafone is reportedly looking to sell a multi-billion-pound stake in its Vantage Towers business, a move that would help it reduce debt and keep shareholders off its back.
Edotco Group is reportedly working on a deal that could bring in as much as US$1 billion from the sale of shares, more than half of which would help to fund its own growth ambitions.
Brazil’s Oi is getting closer to selling itself out of existence, announcing this week the disposal of a portfolio of fixed infrastructure assets to local player Highline.
UK-based telecommunications tower company Helios Towers reported today 25% revenue growth YoY in H1 2022 to US$265.4 million, predominantly driven by acquisition sprees across Africa.
Spanish infrastructure giant Cellnex plans to build its presence in Europe by deploying tens of thousands of new sites, but major M&A deals appear to be off the table for a few years. Alongside the presentation of a solid set of first-half financials on Thursday, the passive infrastructure specialist revealed that it will spend €6.5 […]
Vodafone New Zealand has agreed a NZ$1.7 billion deal that will see InfraRed Capital Partners and Northleaf Capital Partners take control of 80% of its mobile towers assets.
German operator group Deutsche Telekom has agreed to sell a 51% stake in its towers business to DigitalBridge and Brookfield in a deal that values the asset at €17.5 billion.
Cellnex Telecom has pulled out of the race to acquire a stake in Deutsche Telekom’s towers portfolio, leaving the way open for KKR to ink a deal.
According to Reuters tower firm Cellnex has offered German operator Deutsche Telekom a stake in its business as a further incentive to sell it its tower division.
Deutsche Telekom has reportedly attracted more would-be investors for its €20 billion towers business, while antipodean rumours suggest OMERS is looking for more assets in Australia.
Globe Telecom is looking to sell a swathe of its telecoms towers in a deal that could raise as much as US$1.5 billion, it emerged late last week.
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