In India, Vodafone Group operates via its partially owned telco Vodafone Idea
Vodafone Group announced that it has launched a placing of its remaining 79.2 million shares in Indian tower company Indus Towers Limited representing 3.0% of Indus' outstanding share capital through an accelerated book...
CelcomDigi said its network integration and modernization initiative is now close to 70% complete
Malaysian carrier CelcomDigi strengthened collaborations with its infrastructure partners with the aim of accelerating the modernization and digitalization of its network infrastructure.
In a release, the telco said it renewed its strategic...
American Tower Corporation had initially announced the transaction in January 2024
American Tower Corporation (ATC) announced that it has closed the previously announced sale of 100% of the equity interests in its operations in India to Data Infrastructure Trust (DIT), an infrastructure investment trust sponsored...
JTower said that the tender offer will be open until October 10
U.S. investment firm DigitalBridge Group is offering a 152% premium for Japanese tower company JTower in a deal that values the Asian telecom infrastructure company at around JPY93 billion ($630 million), according to...
TIM holds an indirect stake of only 3% in Inwit through its 10% stake in holding company Daphne 3
Telecom Italia (TIM) signed an agreement with Impulse I, a consortium led by private equity group Ardian, to sell its remaining stake in mobile tower company...
Brookfield Asset Management will acquire 100% of ATC India for $2.5 billion
The Competition Commission of India has cleared the takeover of American Tower Corp (ATC) Indian operations (known as ATC India) by Brookfield Asset Management for $2.5 billion. The acquisition, announced in January, will see the...
China Tower added a total of 9,000 sites during the first half of 2024
China Tower ended the first half of the 2024 with a total of 2.07 million towers under management, after a new addition of 9,000 sites during the period.
In a release, the...
BSNL will also deploy an additional 21,000 towers by end March 2025
India’s state-run operator BSNL is expected to install a total of 80,000 telecom towers across the country by the end of October for the provision of nationwide 4G services, local press reported.
The country’s...
New agreement provides Vodafone and Virgin Media O2 with access to Cellnex's UK towers
Cellnex UK, Vodafone and Virgin Media O2 have reached a new long-term agreement under which Cellnex UK will provide the two mobile operators with tower infrastructure and associated services.
In a release,...
Crown Castle reported profits of $251 million for the second quarter of 2024, down 45% from the same period last year amid an ongoing pullback in capital expenditures by mobile network operators.
Net income was also impacted by a $45 million charge related to...
In this episode of "5G Talent Talk," Carrie Charles interviews Chad Tuttle, CEO of B+T Group. Chad shares his journey in the telecom industry, which began with his grandfather’s construction company in the 1950s, building radio and early AT&T towers. This influenced Chad to...
Following the placing, Vodafone holds 82.5 million shares in Indus Towers, equivalent to a 3.1% shareholding
U.K.-based Vodafone Group announced that it has sold 484.7 million shares in Indian tower company Indus Towers, representing 18% of Indus’ share capital, through an accelerated book-build offering.
In a...
Vodafone currently owns 21.5% of Indus Towers via various group entities
U.K.-based Vodafone Group is looking to sell its entire $2.3 billion stake in Indian tower company Indus Towers through stock market block deals, local newspaper Business Standard reported, citing sources with knowledge of the...
TowerCo JV will own and operate 3,800 towers and rooftop sites in the Netherlands, said KPN
Dutch operator KPN and pension fund ABP have signed an agreement to create a new tower company in the Netherlands.
In a release KPN said that this strategic partnership is...
UScellular will become a wireless infrastructure company, retainings its tower assets and about 70% of its spectrum
T-Mobile US plans to buy UScellular's wireless operations and about 30% of the smaller operator's spectrum assets across multiple bands. This move takes the last of the large,...
While mobile network operators clamor for additional spectrum in order to meet demand, tower companies are in a win-win situation. They benefit whether that demand is met by additional spectrum deployments or via network densification.
During a panel at last week's Connect(X) event, infrastructure...
Rakuten Mobile started using JTower's solutions in January 2020
Japanese carrier Rakuten Mobile and compatriot telecom infrastructure company JTower announced that Rakuten Mobile has adopted JTower’s indoor infrastructure-sharing solutions for its network in more than 100 facilities and buildings across Japan.
In a release, Rakuten Mobile,...
The combined new entity will be owned 54% by PIF and 43.1% by stc Group
The Public Investment Fund (PIF), the sovereign wealth fund of Saudi Arabia, and Saudi telecom group stc announced the signing of definitive agreements whereby PIF will acquire a 51% stake...
China Tower said that total tower tenants rose to 3.65 million at the end of last year
China Tower ended 2023 with a total of 2.04 million towers under management, down 0.4%, the company said in its earnings statement.
The company said that total tower tenants...
Across the board, mobile network operators are reducing capital expenditure guidance as the industry collectively reaches something of a midpoint in the 5G cycle. In the US market, for instance, Verizon is cutting planned 2024 capex to between $17 billion and $17.5 billion from...
Government officials said 5G mobile phone users in China reached 805 million by the end of last year
China ended 2023 with a total of 3.38 million 5G base stations at a national level, the Ministry of Industry and Information Technology (MIIT) said.
By the end...
American Tower has a portfolio of around 78,000 sites across India
American Tower has signed a definitive agreement with Data Infrastructure Trust (DIT), an infrastructure investment trust associated with an affiliate of Brookfield Asset Management, for DIT to acquire 100% of the equity interests in...
Ooredoo said the new tower entity is expected to achieve revenues close to $500 million annually
Middle East operators Ooredoo and Zain have signed an agreement with TASC Towers Holding (TASC) with the aim of creating the largest tower company in the Middle East and Africa...
Virgin Media O2 will retain a 33.33% stake in Cornerstone upon completion of the transaction
U.K. telco Virgin Media O2 has reached an agreement to sell a 16.67% minority stake in its mobile tower joint venture, Cornerstone Telecommunications Infrastructure Limited, to the U.K.-based infrastructure fund,...
