Rogers Communications has secured a CAD $7 billion equity investment from a Blackstone-led group, gaining capital to reduce debt and strengthen its balance sheet. The deal grants Blackstone a 49.9% stake in a Rogers subsidiary managing wireless infrastructure, while Rogers retains control—marking a strategic move post-Shaw acquisition.
Equinix has named Harmeen Mehta as Chief Digital and Innovation Officer, aiming to elevate digital transformation and innovation. With nearly three decades of experience, Mehta will align tech with strategy to drive growth and customer value. Previously at BT Group, she led AI-driven improvements and brings a strong leadership background.
Spanish tower operator Cellnex is eyeing the sale of its majority stake in Swiss operations, potentially valuing up to €2 billion. This move is part of a strategic shift towards consolidating its core European markets for increased focus and efficiency.
Comcast Business has made a strategic leap by acquiring Nitel, a leading Network-as-a-Service provider. This move strengthens Comcast’s position in enterprise networking and managed services, enhancing its capability to compete with industry titans like AT&T and Verizon.
The UK’s efforts to modernize its public sector with AI face significant challenges, according to a report by the Public Accounts Committee. Issues like fragmented data, outdated technology, and a skills shortage hinder progress, casting doubt on Prime Minister Keir Starmer’s pledge.
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.
Helios Towers achieved its first positive cash flow in 2024 by prioritizing colocation over new builds, boosting revenue and raising adjusted EBITDA by 14% to $421 million. CEO Tom Greenwood emphasized a $100 million free cash flow gain and a focus on increasing tenancy ratios to 2.2x by 2026 while reducing debt for sustainable growth.
Millicom International Cellular is set to acquire Telefonica’s Colombian operations for $400 million, including a 67.5% stake in Coltel. The deal, pending regulatory approval, could reshape Colombia’s telecom market by merging the country’s second and third-largest operators.
Indian telecom giant Jio Platforms has partnered with SpaceX to bring Starlink’s satellite internet to India. This collaboration aims to enhance high-speed internet access across remote areas, supporting Jio’s mission to provide reliable broadband to businesses, enterprises, and communities.
Vodafone UK and Ericsson have successfully harnessed innovative sleep mode technology to cut energy consumption at 5G and 4G sites. This eco-friendly approach lowers costs and carbon emissions by powering down during low-demand periods.
