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,...
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, climbing 5.5% year-on-year, the company said in its earnings statement.
American Tower’s profits for the period...
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 investment firm that focuses infrastructure, for €730 million ($772 million). The decision aligned with the...
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 facilitating the sharing of Docomo's current telecommunication tower infrastructure in Japan.
Under the terms of the...
China Tower said its net profit in the first half of the year climbed 14.6% year-on-year to $674 million
China Tower ended the first half of 2023 with a total of 2.06 million towers under management, after a net addition of 6,000 sites during the...
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...
Crown Castle said its customers are accelerating the selection and identification of new small cell locations in high-traffic locations
Crown Castle is seeing lower activity in the tower business as operators in the U.S. have already significantly reduced network spending, the company’s CEO, Jay Brown,...
1&1 recently said it expected to launch its 5G offering for smartphone users by the third quarter of 2023
Germany’s competition regulator Bundeskartellamt is currently assessing whether Vodafone Germany or its affiliated company Vantage Towers unlawfully impeded newcomer 1&1 in the deployment of its mobile...
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 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 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 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 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...
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...
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...
The new “digital twin” tech is already being used by Charter for its 5G planning
Data analytics firm Heavy.AI and Nvidia on Tuesday announced HeavyRF, a new network planning and operations tool for telcos that leverages Nvidia’s Omniverse metaverse technology. The announcement came as part...
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 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...
Globe Telecom has sold more than 5,700 of its mobile towers, with another 1,350 towers pending
Filipino carrier Globe Telecom has confirmed the sale of 5,709 cellular towers in a deal worth $1.28 billion. According to the telco, the majority of the funds will go...
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...
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...
