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Copyright 2021 - All Right Reserved
Home - towers - Page 2
Tag:

towers

  • American Tower closes sale of Indian operations to Brookfield

    by Juan Pedro Tomás September 16, 2024
    by Juan Pedro Tomás September 16, 2024

    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 …

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  • DigitalBridge launches offer to acquire JTower in take-private deal

    by Juan Pedro Tomás August 15, 2024
    by Juan Pedro Tomás August 15, 2024

    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 …

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  • TIM to sell remaining stake in tower company Inwit

    by Catherine Sbeglia Nin August 13, 2024
    by Catherine Sbeglia Nin August 13, 2024

    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 …

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  • Sale of ATC India gets approval, ending company’s 17-year presence

    by Catherine Sbeglia Nin August 8, 2024
    by Catherine Sbeglia Nin August 8, 2024

    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 …

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  • China Tower ends H1 with 2.07mn towers

    by Juan Pedro Tomás August 7, 2024
    by Juan Pedro Tomás August 7, 2024

    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 …

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  • BSNL to deploy 80,000 base stations by end-October

    by Juan Pedro Tomás August 6, 2024
    by Juan Pedro Tomás August 6, 2024

    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 …

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  • Cellnex UK inks long-term deal with Vodafone, Virgin Media O2

    by Juan Pedro Tomás July 30, 2024
    by Juan Pedro Tomás July 30, 2024

    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 …

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  • Crown Castle’s profits down 45% YoY

    by Kelly Hill July 19, 2024
    by Kelly Hill July 19, 2024

    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 …

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  • Fostering a Culture That Drives Growth with Chad Tuttle of B+T Group

    by Carrie Charles June 26, 2024
    by Carrie Charles June 26, 2024

    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 …

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  • Vodafone sells 18% stake in Indus Towers

    by Juan Pedro Tomás June 20, 2024
    by Juan Pedro Tomás June 20, 2024

    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 …

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  • Vodafone seeks to sell its entire stake in Indus Towers: Report

    by Juan Pedro Tomás June 18, 2024
    by Juan Pedro Tomás June 18, 2024

    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 …

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  • KPN, Dutch pension fund to create tower firm in the Netherlands

    by Juan Pedro Tomás June 6, 2024
    by Juan Pedro Tomás June 6, 2024

    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 …

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  • T-Mobile US to buy UScellular’s wireless operations, some spectrum for $4.4 billion

    by Kelly Hill May 28, 2024
    by Kelly Hill May 28, 2024

    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 …

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  • Tower CEOs expect to ride the wave of data demand

    by Kelly Hill May 20, 2024
    by Kelly Hill May 20, 2024

    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 …

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  • Rakuten Mobile, JTower expand collaboration on infra sharing

    by Juan Pedro Tomás May 10, 2024
    by Juan Pedro Tomás May 10, 2024

    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 …

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  • stc, PIF sign deal to create Saudi tower giant

    by Juan Pedro Tomás April 23, 2024
    by Juan Pedro Tomás April 23, 2024

    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 …

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  • China Tower ends 2023 with 2.04 million telecom towers

    by Juan Pedro Tomás March 19, 2024
    by Juan Pedro Tomás March 19, 2024

    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, …

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  • Despite carrier capex contraction, Crown Castle sees ‘significant’ small cell demand

    by Sean Kinney, Principal Analyst January 30, 2024
    by Sean Kinney, Principal Analyst January 30, 2024

    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, …

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  • China ends 2023 with 3.38 million 5G base stations

    by Juan Pedro Tomás January 23, 2024
    by Juan Pedro Tomás January 23, 2024

    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 …

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  • American Tower sells its tower business in India

    by Juan Pedro Tomás January 5, 2024
    by Juan Pedro Tomás January 5, 2024

    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 …

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  • Ooredoo, Zain and TASC create largest tower firm in MENA

    by Juan Pedro Tomás December 5, 2023
    by Juan Pedro Tomás December 5, 2023

    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) …

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  • Virgin Media O2 sells part of its stake in tower firm Cornerstone

    by Juan Pedro Tomás November 2, 2023
    by Juan Pedro Tomás November 2, 2023

    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 …

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  • American Tower’s Q3 revenues up 5.5% y-o-y

    by Juan Pedro Tomás October 27, 2023
    by Juan Pedro Tomás October 27, 2023

    American Tower Corporation ended Q3 2023 with a portfolio of approximately 225,000 communications sites American Tower Corporation (ATC) reported overall revenues of $2.82 billion for the third quarter of 2023, …

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  • Cellnex sells Swedish, Danish businesses for $772 million

    by Catherine Sbeglia Nin September 29, 2023
    by Catherine Sbeglia Nin September 29, 2023

    Cellnex operates 4,557 sites across Sweden and Denmark Europe’s largest tower company, Cellnex, has agreed to sell a 49% stake in its Sweden and Denmark subsidiaries to Stonepeak, an U.S.-based …

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  • NTT Docomo transfers ownership of 1,552 towers to JTower

    by Juan Pedro Tomás September 27, 2023
    by Juan Pedro Tomás September 27, 2023

    Once the towers are transferred, NTT Docomo will lease these towers from JTower Japanese tower operator JTower and compatriot telecommunications operator NTT Docomo concluded a new master agreement aimed at …

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