33 Results

cellnex

Search

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…

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.

Phoenix Tower International has bolstered its French network with two acquisitions totaling 1,978 sites, strategically placed in populous regions. With the latest addition of SFR-hosted and Bouygues Telecom sites, PTI’s French portfolio now stands at 3,600 sites which is expected to surpass 5,000 within two years. CEO, Dagan Kasavanas highlighted how these acquisitions will enhance wireless connectivity across France, positioning the country as a key player within PTI’s 21-country operation range.

As telecom giants Ooredoo, Zain and infrastructure expert TASC Towers embark on exclusive negotiations to form a massive mobile towers firm, the telecommunications landscape beckons a potential shift. Combining assets from Qatar, Kuwait, Algeria, Tunisia, Iraq, and Jordan, they plan on creating an autonomous company with a whopping portfolio of approximately 30,000 towers, directly rivaling industry leaders. Their strategic vision embraces a dual approach: stimulate shareholder value and reduce the MENA region’s carbon footprint.

Telecom alliance Alaian is partnering with chip manufacturer Qualcomm to empower start-ups specializing in Extended Reality (XR). The alliance, comprising of seven telecom giants along with towerco Cellnex, targets initiatives involving metaverse, virtual platforms, and various services or applications from all over the globe. Despite a lukewarm response to the metaverse and the disappearance of mixed reality from the limelight, the conglomerate remains optimistic. Future XR experiences can greatly benefit from the expertise and resources provided by co-operating with Qualcomm.

Ericsson plans a €155 million investment for a smart manufacturing hub in Tallinn, Estonia. BT will reduce its workforce by 1,100 at Adastral Park while investing in modernization. Cellnex acquires full control of OnTower Poland, expanding its tower portfolio. Unicon launches an enhanced partner program for resellers in end-user computing. NEC introduces a generative AI service to drive business transformation.

According to Google Cloud, it successfully stopped the greatest distributed denial-of-service (DDoS) assault ever, which reached a peak of 46 million requests per second (rps). One Google Cloud client who was utilizing the DDoS protection service Google Cloud Armor was the target of the assault on June 1.   The attackers blasted consumers’ HTTP/S Load Balancer with HTTPS requests for 69 minutes, starting with 10,000 rps and quickly scaling up to 100,000 rps until peaking at a stunning 46 million rps. The assault was notable not just for its surprisingly enormous level of traffic, but also for other factors. 5,256 source IPs from 132 different countries participated in the assault.   According to Google, it is the largest ever attack at Layer 7, which refers to the applications top layer in the Internet’s OSI model.   The assault on Google’s client was nearly twice as large as a June HTTPS…

Intrado Corporation, a global supplier of technology-enabled services, has launched Intrado Power Access, a cloud-based solution designed to make operations at Public Safety Answering Points (“PSAPs”) more accessible, dynamic and cost-effective.   As Next Generation 911 (NG911) becomes a reality, PSAPs are increasing their capabilities and preparing for an increase in delivered services and requests for assistance from a vast, ever-growing number of sources enabled by 5G communications and the Internet of Things (IoT). To tackle these difficulties, Intrado has enhanced its established emergency communications systems with additional features that are included in the Intrado Life & Safety cloud environment.   Power Access, which is based on Intrado’s trusted emergency response software solutions that have served public safety for over 40 years, enables Public Safety Answering Points (PSAPs) to initiate the transaction at any starting point and proceed at a pace they can support.   Power Access includes a browser-based…