NII Holdings announced a deal to sell approximately 2,790 towers in Brazil and 1,666 towers in Mexico to American Tower for approximately $811 million. The deal calls for NII, which operates under the Nextel brand across it Latin American properties, to lease back the...
It wasn’t an easy week for U.S.-based American Tower, as a report from Muddy Waters accused the company of a $250 million discrepancy between the price American Tower said it paid for towers in Brazil ($585.4 million) and the actual sale price, which, according...
Mexican telecommunications company Axtel has closed the sale of 883 telecommunications sites for approximately U.S. $250 million to American Tower Corporation, through its subsidiary MATC Digital. The deal has been in negotiations for some time.
Axtel, which provides broadband and home-phone line services, recently announced...
SBA Communications jumped into the Brazilian tower market, announcing today the acquisition of 800 “freestanding” towers from an undisclosed mobile broadband provider for approximately $174 million. The company said the transaction will be paid for with cash on hand and borrowing under its revolving...
The webinar will address the operational and financial benefits of sharing wireless infrastructure. Specifically, participants will learn how operators can monetize non-core assets, save on future capital expenditures and realize reduced operational costs in deploying their networks; how communities will experience environmental benefits from...
The sluggish recovery and the threat of the fiscal cliff make the capital markets uncertain territory, but the wireless industry has fared better than most in 2012. Venture capitalists have been ready to fund infrastructure plays as well as mobile apps, and the carriers...
Brazilian telecom infrastructure outsourcing market is heating up. The P2 Brasil fund, a joint venture formed by Pátria Investimentos and Grupo Promon, have announced a new startup, Highline do Brasil, focused on providing sites and distributed antenna system (DAS) infrastructure to carriers. The new...
Dutch-based KPN is selling 2,000 of its mobile phone towers in Germany to American Tower for approximately $501 million. The Nov. 15 sales agreement is subject to approval by the German government. KPN's German mobile subsidiary, E-Plus, will lease back the sites from American Tower.
The...
Although Brazilian telecom companies signed a commitment statement to enhance infrastructure sharing when deploying LTE networks, this subject is still hotly debated when it comes to 2G and 3G networks. Telefónica’s Brazil mobile unit Vivo appears to have taken the lead on the issue,...
Special Report: Women to Watch in Wireless 2012: Meet a group of women who are emerging as thought leaders and innovators in the wireless ecosystem. By identifying new products and new opportunities for their companies, these women are building markets as they build their own...
ORLANDO, Fla. – The tower industry shares many similarities with its customer segment – wireless carriers – including the penchant for merger and acquisition activity. Recent history has seen a number of deals announced in the space, though the possibilities for more activity could...
Validating previous rumors, Crown Castle International reported today that it has agreed to lease 7,200 towers from T-Mobile USA for $2.4 billion. The deal will provide Crown Castle with exclusive rights to lease and operate the towers for approximately 28 years, and have the...
Even as LTE deployments begin in earnest, Latin American and Caribbean wireless carriers continue to focus investments on the expansion and improvement of 3G networks. Wi-Fi, femtocells, microwaves and towers are expected to receive the largest share of telecom operators’ investments and efforts. The...
T-Mobile USA’s network upgrade plans continue to roll along as the carrier late last week reached an agreement with tower owner SBA Communications to extend lease agreements on approximately 2,800 cell sites. The seven-year extensions also allow for upgrade the towers with radio equipment...
Published reports indicate that T-Mobile USA’s plans to sell off its tower assets is moving forward, with Crown Castle International currently seen as the lead bidder.
According to The Wall Street Journal, Crown Castle has placed a bid for more than $2 billion to gain...
American Tower is looking to rev-up its distributed antenna business, having signed a deal with racetrack owner International Speedway to deploy DAS networks at 12 venues across the country. International Speedway owns such venues as Daytona International Speedway, Talladega Superspeedway and Michigan International Speedway.
The...
Although mobile virtual network operators were launched in Latin America about four years ago, they have become hot topics again since Brazil released new regulations governing the segment and some carriers have actually launched operations in the region.
Worldwide, mobile virtual network operator launches peaked...
Aunque operadores móviles virtuales han sido lanzados en Latinoamérica hace cerca de cuatro años, ellos se han vuelto un tema candente nuevamente desde que Brasil ha establecido nuevas regulaciones, y Virgin Mobile ha anunciado – y realmente lanzado – operaciones en la región. This report...
Editor’s Note: The RCR Wireless News Time Machine is a way to take advantage of our extensive history in covering the wireless space to fire up the DeLorean and take a trip back in time to re-visit some of the more interesting headlines from...
T-Mobile USA’s interest in raising much needed funds through the sale of its tower assets is causing waves throughout the tower industry as analysts look to read the tea leaves on which company has the inside track.
T-Mobile USA currently has about 7,000 towers, which...
Although it seems to be a complex market, in many ways the Mexican telecom sector is very similar to the others Latin American countries. Prepaid penetration is much higher than postpaid services – Mexico government regulator Cofetel reported there were 83.3 million prepaid customers...
South African mobile operator MTN released a statement that it “strongly condemned Turkcell's attempt to use the threat of a U.S. legal claim to extort money from MTN,” and criticizing Turkcell for refusing to cooperate with an independent investigation set up by MTN.
The statement...
Americans are in love with their mobile devices. We’d rather leave the house without our wallet than our cellphone. We’ve plunked down hundreds of dollars for the latest and greatest tablets and smartphones. We love our devices so much we are using them at...
Forget about the Colombia you may know from the 1990s. The current scenario is different and much more business friendly than in the past. The government’s plan to boost telecommunications in the country is set to increase competition among operators and expedite the deployment...