Cellnex, an esteemed telecom infrastructure supplier, is collaborating with Forever Manchester to foster digital inclusion, introducing two funds focused on nurturing related projects across Manchester. Reflecting the principles of the Greater Manchester Digital Inclusion Strategy, these funds could support various efforts such as improving online access for job seekers or distributing recycled computers.
Cellnex, the Spanish infrastructure giant, is rumored to be considering a sale of a minority stake in its Nordic operations, specifically Sweden and Denmark. With nearly €1 billion at stake, this move aligns with earlier sentiments expressed by CEO Marco Patuano. Combining this potential sale with recent acquisitions, loan procurements and collaborations, Cellnex aims to streamline its operations, tackle its massive debts and redefine its strategy for the European tower infrastructure market. Let’s delve deeper into the winding paths and potential outcomes at the upcoming Total Telecom Congress.
Cellnex Telecom, a Spanish wireless telecommunications infrastructure and services company, and Everynet, a leading LPWA pioneer and network operator, have signed an agreement to deploy IoT networks in Italy, the UK and Ireland based on LoRaWAN technology. The IoT networks will utilize the Cellnex infrastructure in these three countries, and will be dependent on the Everynet network solution. Cellnex not only provides towers, but also has its own IoT management platform. For data collection, Cellnex will provide an integrated IoT platform for real-time management and diagnostics, and the platform also includes the ability to immediately act predictively or preventively, manually or automatically. In addition, Everynet will be responsible for providing and managing the LoRaWAN network infrastructure. Both companies have stated the network will be available for a wide range of IoT devices and use-cases, including industry 4.0 services for asset tracking or monitoring, as well as smart cities…
Spanish wireless infrastructure giant Cellnex Telecom has acquired the Portuguese telecommunications tower and site operator OMTEL, owned by Altice Europe and Belmont Infra Holding. This agreement is worth around EUR 800 million, and the acquisition includes the projected deployment of 400 new mobile cell sites in the next four years, adding to the 3,000 sites that OMTEL currently operates in Portugal. Cellnex said that to facilitate the upcoming 5G roll-out in Portugal, the company has been rapidly expanding, and its build-to-suit (BTS) program could involve constructing a further 350 sites for third parties by 2027. The estimated investment for this BTS plan is expected to be EUR 140 million. The Spanish towerco anticipates that this acquisition will increase the company’s sales backlog by EUR 2.5 billion to EUR 38.5 billion. Tobias Martinez, CEO of Cellnex, said, “With OMTEL, we are not only integrating one of the leading independent…
Spain has invested €13.8M in Sateliot to enhance its LEO satellite constellation for defense, security, and logistics. With €58.8M raised in its Series B round, plus a €30M EIB loan, Sateliot aims to revolutionize global IoT connectivity via 5G satellites, targeting €1B revenue by 2030.
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.
Barcelona-based satellite IoT provider Sateliot has secured €10 million in a Series B funding round led by Global Portfolio Investments. This investment will enhance Sateliot’s NB-IoT constellation, aiming for 100 satellites by 2028. The company plans to offer real-time global coverage, targeting sectors like agriculture, industry, and logistics.
Dutch telecommunications operator KPN has announced a partnership with pension fund ABP to form a new joint venture, temporarily named TowerCo. This entity will manage and operate 3,800 mobile towers and rooftop sites. KPN will hold a 51% stake in the venture, with ABP controlling the remaining 49%.
UK’s major mobile infrastructure entities have formed the Mobile Infrastructure Forum, aiming to boost wireless connectivity across the UK and improve network rollout efficiency. Meanwhile, industry insiders are lobbying for a smoother operation process, amidst challenges like mast site location and negotiation with landlords.
Phoenix Tower International’s acquisition of NOVEC’s German unit offers a lucrative entry point into a high-potential European market, despite a downturn in mergers and acquisitions within the tower sector. This pivotal move solidifies Phoenix Tower’s expansion strategy, leveraging Germany’s stature as Europe’s largest economy and a global wireless build-out hub. Intriguingly, Phoenix’s bold move contrasts with rivals like Cellnex, who have curbed spending due to financial pressures. This daring feat underscores the fluidity and continuous evolution in the telecommunications infrastructure sector.
