Cellnex is considering selling its Swiss tower business, collaborating with JP Morgan for a potential €1.5 billion valuation. This move is part of Cellnex’s strategic restructuring, involving shedding non-core units to focus on essential markets.
Vertical Bridge’s $3.3 billion acquisition of Verizon’s wireless communication towers marks a strategic milestone. This landmark deal signifies enhanced collaboration in telecommunications, propelling Vertical Bridge as a leading player in the market.
EE’s innovative deployment of a mobile tower on the Isle of Skye enhances 4G connectivity in rural areas. Providing reliable coverage, the tower supports local businesses while reducing visual disruption.
Vodafone is set to divest its remaining 3% stake in Indus Towers, marking a strategic exit from the Indian tower company. This decision aligns with Vodafone’s previous reductions and highlights its financial streamlining efforts.
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.
