BROWSING: Towers

American Tower sees strong outlook in international markets: CEO

American Tower ended the second quarter of 2023 with a portfolio of approximately 226,000 communications sites American Tower Corporation (ATC) is seeing a positive outlook for its international operations given the expected increase in capital expenditures and mobile data consumption in these markets, the company’s...

Vantage Towers finds new CEO in ex-Ericsson, T-Mo US exec

Christian Hillabrant will be responsible for Vantage Towers' digital transformation across Europe Vantage Towers has named Christian Hillabrant, former T-Mobile US and Ericsson executive, as its next CEO. The company’s current interim CEO Thomas Reisten, who took the job when former CEO Vivek Badrinath revealed...

American Tower looks to growth from densification, ‘cloud onramps’

$10 billion CoreSite acquisition gave American Tower combination of tower and datacenter infrastructure Although U.S. carriers are lowering capex as 5G deployments slow, American Tower is still seeing activity levels that are “really strong in the U.S. and around the globe. And it’s all about...

Crown Castle: 50% of our towers have 5G

CFO says that carriers are moving into the densification phase of 5G Only about half of Crown Castle's cellular towers have been "touched with 5G," according to the company EVP and CFO Daniel Schlanger. That doesn't necessarily equate to the 5G build-out cycle being halfway...

Verizon inks deal with Vertical Bridge to expand 4G, 5G footprint

Vertical Bridge has agreed to construct these towers with Verizon as the anchor tenant U.S. carrier Verizon signed a deal with Vertical Bridge to build cell towers across the country to expand its 4G and 5G services. In a release, Verizon said that Vertical Bridge...

Indus Tower to boost capex to benefit from India’s rapid 5G rollout

Indus Tower currently has over 189,000 towers across India Indian telecommunications tower company Indus Tower will accelerate investments to expand its infrastructure across the country to take advantage of the rapid rollout of 5G services by local carriers Bharti Airtel and Reliance Jio Infocomm, local...

Crown Castle’s site rental revenues climb 3% year-on-year in Q1

Crown Castle said its capital expenditures during the quarter were $341 million Crown Castle reported revenues its site rental revenues reached $1.62 billion in the first quarter of the year, climbing 3% compared to the year-ago quarter, the company said in its earnings statement. The company’s...

China Tower ends Q1 with 2.06mn towers under management

China Tower said its net profit in the first quarter climbed 15% year-on-year to CNY2.50 billion China Tower ended the first quarter of this year with a total of 2.06 million towers under management, after a new addition of 7,000 sites during the period. In...

China Tower ends 2022 with 2.05 million telecom towers

China Tower said it added a total of 17,000 new towers last year China Tower ended 2022 with a total of 2.05 million towers under management, after a new addition of 17,000 sites during the full year. In a release, the company said that total...

Orange Madagascar invests in rural 2G, 3G infrastructure

Orange and AMN will deploy roughly 500 base stations in rural Madagascar over the next ten years Orange Madagascar has signed an agreement with tower company Africa Mobile Networks (AMN) to build additional 2G and 3G infrastructure in the country’s rural areas. The pair said...

Bharti Airtel increases direct stake in Indus Towers

Bharti Airtel holds 47.95% stake in Indus Towers following the transaction Indian carrier Bharti Airtel has increased its direct stake in compatriot company Indus Towers by acquiring 23.01% of shares held by its wholly-owned subsidiary, Nettle Infrastructure. Folowing this transaction, Bharti Airtel now holds 47.95% stake...

2degrees to sell tower assets to Canadian business

The $1.08 billion deal involves 1,124 towers across Aotearoa and New Zealand 2degrees Mobile has agreed to sell its tower assets to Connexa, the independent mobile tower business that is partially owned by Spark New Zealand. The $1.08 billion deal involves 1,124 towers across Aotearoa...

ATC and Airtel Africa deal focuses on rural coverage, sustainability

American Tower (ATC) has invested approximately $300 million in energy efficiency improvements and solutions Airtel Africa and American Tower (ATC) have announced a multi-year strategic partnership that involves communication sites across Kenya, Niger, Nigeria and Uganda and prioritizes extending digital inclusion to underserved communities and...

Harmoni Towers to acquire Parallel Infrastructure

Harmoni Towers said that the combined company will own and operate towers across 41 states in the U.S. Harmoni Towers, which is owned by investment company Palistar Capital, announced that it has agreed to acquire Parallel Infrastructure from funds managed by affiliates of Apollo Global...

Verizon, American Tower sign long-term lease deal to support 5G rollout

Verizon and American Tower Corporation have announced a long-term lease agreement designed to support the carrier’s 5G network deployment across the tower company’s U.S. communications sites. According to the pair, the deal will “provide a simplified and efficient leasing process through a contractual framework...

China Tower ends June with 2.05mn towers

China Tower’s net profit in H1 climbed 22.2% year-on-year to CNY4.22 billion China Tower ended the first half of the 2022 with a total of 2.05 million towers under management, after a new addition of 11,000 sites during the period. In a release, the company said...

American Tower ends Q2 with 30,000 telecom sites in Europe: CEO

In June last year, American Tower had closed the first tranche of the acquisition of Telxius Towers, comprised of nearly 20,000 communications sites in Germany and Spain American Tower Corporation (ATC) ended June with nearly 30,000 telecommunications sites across its European footprint, the company’s President...

Crown Castle aims to double small cell deployments in 2023: CEO

Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 85,000 route miles of fiber Crown Castle expects to double the rate of small cell deployments next year compared to the 5,000 nodes the firm expect to put on air this...

Deutsche Telekom sells 51% of GD Towers

Deutsche Telekom said GD Towers operates more than 40,000 sites in Germany and Austria Germany carrier Deutsche Telekom announced the sale of 51% of GD Towers comprising its tower assets in Germany and Austria, to Digital Bridge and Brookfield for 17.5 billion euros ($17.58 billion),...

Vantage Towers to upgrade Telefonica’s 5G infrastructure in Spain

Telefonica currently offers 5G coverage to over 80% of the Spanish population German telecommunications infrastructure provider Vantage Towers has signed an agreement with Spanish operator Telefonica to upgrade its 5G infrastructure in the country, the former said in its earnings statement. Vantage Towers said that the...

1&1 signs agreement with ATC to lease antenna sites in Germany

ATC currently operates 15,000 communications sites in Germany German carrier 1&1 has signed a framework contract with ATC Germany Holdings, a subsidiary of U.S. tower firm American Tower Corporation (ATC), to lease antenna sites for the deployment of the former’s mobile network. Under the agreement, ATC...

China Tower ends Q1 with 2.05 million sites nationwide

Last year, China Tower had completed approximately 552,000 5G construction projects China Tower ended the first quarter of the year with a total of 2.05 million towers under management, after a new addition of 18,000 sites during the period. In a release, the company said that...

1&1 selects contractor for the deployment of 500 antennas in Germany

1&1 said the initial order stipulates the deployment of 500 antennas across Germany 1&1 Mobilfunk, a subsidiary of German carrier 1&1, and GfTD have signed a contract for the deployment of mobile network infrastructure across Germany. 1&1 said that the first order amounts to 500...

JTower, NTT Docomo ink deal to promote infra-sharing of towers in Japan

NTT Docomo started using the JTower’s infra-sharing solution for its 4G network in 2016 JTower and NTT Docomo have decided to enter into a master transaction agreement with the aim of promoting infra-sharing of the latter's existing towers. The contract will enable the companies to make...