M&A

Northumberland County Council is set to consider a proposed sale of the Northumberland Energy Park (NEP3) land site in Cambois to Blackstone, so a hyperscale data centre can be built.

Macquarie Technology Group has filed a statement on Australia’s stock exchange announcing the acquisition of land and buildings at its Macquarie Park Data Centre Campus for A$174 million.

Axiata subsidiary Edotco will sell its 87.5% stake in its Myanmar towerco to a local investment group, Yoma Strategic Holdings, people familiar with the matter told Capacity today.

The transaction sees the companies join forces to dominate the Spanish telco market

Analysts and execs from the two mobile network operators have responded the UK’s Competition and Markets Authority’s decision to progress its review of the Vodafone/Three merger proposal to an in-depth phase 2 review.

Numerous sources are reporting today that Singtel plans to sell its stake in Australian operator Optus.

The Canada Pension Plan Investment Board (CPP) has revealed plans to invest up to €2 billion in a 17.5% stake in Telecom Italia (TIM)’s fixed network business.

Ted Miller is not going down without a fight. Following his scathing open letter that criticised Crown Castle’s board and questioned Elliot Managements (Elliot) commitment to the best interest of shareholders, the towerco co-founder has filed a lawsuit to invalidate the two parties co-operation agreement.

Vodafone Group has responded to media speculation regarding the sale of its Italian business, Vodafone Italy, confirming a sale to Swiss telecoms firm Swisscomm is in the works.

French operator Bouygues Telecom has signed an exclusive agreement with La Poste group for 100% of its subsidiary La Poste Telecom, the largest mobile virtual network operator (MVNO) in the French market.

Crown Castle co-founder Ted Miller has published an open letter to chairman, P. Robert Bartolo (Rob), in which he calls for stronger action to address the challenged towerco's financial situation.

The European Commission has approved the merger between Orange and MasMovil in Spain. The deal will take the form of a 50/50 joint venture, co-controlled by both companies.

It's back! Now in its sixth year, Capacity’s annual power listing, featuring the top 100 people from across the wholesale telecoms space, is now open for nominations.

EU regulators could ease rules against telco mergers to get Big Tech and others to help rollout 5G, a Reuters report indicates.

The never-ending story of TIM selling its fixed network to KKR took yet another twist yesterday, as the Italian Government made a bid for 100% of TIM’s infrastructure and connectivity business, Sparkle.

Ericsson has signed two agreements for funding with the European Investment Bank (EIB) for a total of €420 million.

Pekka Lundmark, CEO and president of Nokia, has called AT&T’s decision to partner with Ericsson a disappointing outcome, and referred to the Open RAN project as a largely single-sourced RAN network.

Google has bought land in Essex for the possible development of its new data centre campus.

TowerXchange breaks down Europe's most recent tower transaction

Nokia’s exit from TD Tech, a wireless technology firm jointly controlled by Huawei comes as no surprise according to Paolo Pescatore, TMT analyst at PP Foresight.

I Squared Capital-backed Lightstorm has acquired three submarine cables, including the JGA-North as well as significant portions of the JGA-South and SEA-US cable systems.

Ericsson has announced that Lars Sandström will step into the role of CFO at the same time as reporting expectedly unwelcome full year results.

Exa Infrastructure has announced its sixth transatlantic subsea cable route with the addition of Amitié, and has also unveiled a new partnership with NJFX.

AST Mobile has announced a strategic investment from AT&T, Google and Vodafone of $155 million.