cell towers
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Tobias Martínez Gimeno has told tower company Cellnex that he will step down as CEO after the group shareholders’ meeting scheduled for 1 June 2023. Martínez will also resign as a director. -
IHS Towers has completed the acquisition of 5,701 towers in South Africa from MTN, in a deal valued at 6.4 billion South African rand (US$412 million) that makes it the country’s biggest tower operator.
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Singtel has bought Australian tower company Axicom in association with an Australian pension fund.
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GBI and STC have been busy supporting global sporting events that are taking place in the GCC with infrastructure deployments and network upgrades.
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Philippine telco PLDT is progressing on its plans to sell its tower portfolio, with CEO Alfredo Panlilio confirming offers have been received and whittled down to six final bidders.
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Vantage Towers is working with a Portuguese company to build wireless infrastructure into street lamps
Forthcoming events
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New York-based tower company Tillman Infrastructure has appointed Suruchi Ahuja as CEO.
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Deutsche Telekom is aiming for a €20 billion valuation for Deutsche Funkturm, its German tower unit, in a 2022 sale.
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Spanish tower company Cellnex has expressed its dismay at the UK competition regulator’s opposition to its latest takeover plan.
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Helios Towers says it has raised US$160 million in equity and bonds in order to invest in more tower infrastructure in Africa and elsewhere.
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A US-based satellite company says it has applied for a licence from the regulator that will enable it to connect cellphones directly, where there is no tower reception.
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US investor Digital Colony has made its second new investment in towers in two days, by buying Eco-Site, just a day after it bought Phoenix Towers in Brazil.
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Highline do Brasil, the tower company owned by Digital Colony, is to buy another Brazilian tower company, Phoenix, from existing owner Blackstone.
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An uncrewed aircraft carrying an advanced antenna can replace 200 conventional mobile base stations, or even up to 700 in some cases.
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GCI, Alaka’s largest communications provider, has gone live with its first 5G cell sites in Anchorage with technology partner Ericsson.
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Acquisitive tower company Cellnex has added to its Portuguese estate by agreeing to acquire 2,000 sites from NOS Towering, now owned by Portuguese mobile operator NOS.
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French mobile operator Bouygues is to build 4,000 towers across rural parts of the country, in association with Phoenix Tower International.
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Affluence Corporation has announced the acquisition of 5 Stems Inc, a cell tower installation and network maintenance company, amid its move into the 5G infrastructure market.
