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Vodafone parts with further 10% stake in Vantage Towers

Vodafone has been minimizing its ownership of Vantage Towers for the past several years Vodafone Group has sold a further 10% stake in Vantage Towers for 1.3 billion euros ($1.4 billion), a decision the company said is “in line” with its operating targets. Proceeds from...

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

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,...

Germany starts project to provide 5G along train tracks

DB, Ericsson, O2 Telefonica and Vantage Towers will receive state funding to test 5G infra along train tracks in Germany German train operator Deutsche Bahn (DB), Ericsson, O2 Telefónica and Vantage Towers are working together to develop a solution to deploy a 5G mobile communications...

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...

German competition regulator currently assessing 1&1 case

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...

1&1 aims to launch 5G services in Germany in Q3 2023

1&1 said that a new rollout plan stipulates the provision of approximately 1,200 antenna masts by the end of 2023 German operator 1&1 said it expected to launch its 5G offering for smartphone users by the third quarter of 2023. “At this point, Telefónica will...

German government to fine 1&1 for missing 5G coverage goals

1&1 launched 5G services with fixed wireless access (FWA) technology earlier this year Germany’s federal network agency, Bundesnetzagentur, opened a fine proceeding against local telco 1&1 for failures in its 5G network coverage obligations, German newspaper Handelsblatt reported. As part of the 2019 frequency auction, the...

1&1 makes deal to acquire up to 7,500 new 5G antenna sites

1&1 Towers, a subsidiary of German operator 1&1 AG, ​​and Eubanet have signed an agreement to acquire up to 7,500 new 5G antenna sites. "The direct cooperation with a very experienced acquisition partner is a further step with which we will achieve the expansion goals...

German telco 1&1 launches 5G FWA offering

1&1 noted that the first 5G antennas were put into operation in Frankfurt and Karlsruhe German operator 1&1 has launched 5G services with fixed wireless access (FWA) , the company said in a press release. The first antennas for the provision of 5G FWA were put...

1&1 carries out first live test of its 5G network

1&1 said that the first customers will be able to start using internet services provided by its new 5G network in the summer German carrier 1&1 recently completed the first live test in its new 5G network, the telco said in a statement. “We are building...

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...

German telco 1&1 signs 5G infra deal with Vantage Towers

European tower company Vantage Towers has entered into a long-term contract with German telco 1&1 for the provision of passive infrastructure to build Germany’s fourth mobile network. Under the terms of the agreement, Vantage Towers will be providing 1&1 access to up to 5,000 existing...