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A significant move was recently made in the telecom sector, as Phoenix Tower International secured a deal to acquire NOVEC’s German unit.
M&A

Phoenix Tower’s Strategic Entrance into Germany’s Market

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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.

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shut down
Telecom News

Telefonica Germany to begin 3G shut down in July

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Telefonica Deutschland has comprehensive plans for a sweeping shut down of its 3G network starting in July, making it the last operator in Germany to phase out legacy technologies in favor of 4G and 5G. Approximately 16,000 3G sites are scheduled to be shut down by the company.   The resources that were needed for 3G will now be repurposed for the 4G network by the end of the year. According to the operator, 4G will use the frequencies of current 3G transmitters at 2,100 MHz. This upgrade from 3G to 4G will benefit Telefónica Deutschland’s customers, as well as customers of its other brands, providing a better and faster network.   A full upgrade of the first 500 3G sites will begin on July 1st. An additional 1000 sites will be repurposed two weeks later. The regions where the upgrade will begin are Lower Saxony, Saxony-Anhalt, Brandenburg and Mecklenburg-Western…

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Telecom News

DT, Telefonica and Vodafone line up to expand their coverage in Germany

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The three largest telecommunications providers in Germany, Deutsche Telekom, Telefonica and Vodafone, have announced a partnership to build 6,000 new mobile sites in order to improve broadband coverage in the country. The companies are planning to work closely together and share the use of the network, aiming to provide the best possible mobile broadband coverage for customers in rural areas, as well as along road, rail and inland waterway transportation routes. This is a condition that the operators are required to fulfill as specified in the 5G spectrum auction held by German federal regulators earlier this year. Dirk Wossner, Telekom Deutschland’s Managing Director, said, “The planned collaboration is a milestone for network expansion in Germany. Our common goal is to eliminate coverage gaps in the mobile network as soon as possible. Sharing infrastructure is nothing new for us. Sharing it at this scale, however, is a major step in the right…

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