Virgin Media O2 strengthens its focus on digital innovation by selling an 8.33% stake in Cornerstone to Equitix. As the UK’s largest tower operator, this move highlights Virgin Media O2’s strategy to optimize its infrastructure investments while prioritizing future advancements in 4G and 5G development.
DigitalBridge’s acquisition of Yondr Group marks a pivotal enhancement in its infrastructure capabilities. As a leader in hyperscale data centers, Yondr’s assets will empower DigitalBridge to meet the surging demand.
DigitalBridge’s acquisition of JTower marks a pivotal move, furthering infrastructure growth essential for next-gen networks. By obtaining a 75% stake, DigitalBridge showcases confidence in JTower’s capacity to meet evolving communications needs.
Vantage Towers is considering selling its Spanish telecom tower assets amid a pricing conflict with Vodafone Spain. In collaboration with Morgan Stanley, the sale could fetch €1 billion, attracting interest from firms like Cellnex and American Tower.
Verizon has entered a $3.3 billion leaseback agreement with Vertical Bridge, impacting over 6,300 towers across the U.S. This marks one of the largest tower transactions in a decade. Verizon retains tower ownership while Vertical Bridge manages operation, enhancing their existing portfolio and bolstering U.S. wireless infrastructure.
American Tower Corporation has completed the sale of its Indian operations to Data Infrastructure Trust for INR 210 billion ($2.5 billion). This significant move enhances DIT’s portfolio to 257,000 telecom sites, surpassing Indus Tower.
Tower Semiconductor and Adani Group are collaborating to build a $10 billion chip facility in Maharashtra, India. This ambitious project aims to boost domestic production of analog circuits and wafers, with initial output set at 40,000 wafers per month. Once fully operational, the plant will create over 5,000 jobs and enhance India’s semiconductor market presence.
DigitalBridge has initiated a tender offer to acquire Japanese tower firm JTower, offering a 152% premium valued at JPY93 billion ($630 million). This strategic move aims to address growing pressures in the telecommunications sector from the deployment of Beyond 5G and 6G technologies. With NTT and NTT Docomo tendering their stakes, the acquisition promises enhanced infrastructure-sharing capabilities.
Vodafone and Virgin Media O2 have signed a long-term agreement with Cellnex UK to enhance their mobile network infrastructure. This partnership allows both operators comprehensive access to extensive tower networks, boosting VoIP capabilities.
Vodafone Group has strategically sold a 10% stake in Vantage Towers for 1.3 billion euros ($1.4 billion). This aligns with Vodafone’s targets to reduce net debt. Vantage Towers manages 84,600 tower sites, enhancing coverage with small cell systems. The divestment strengthens Vodafone’s financial health while prioritizing debt reduction over asset control.
