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%.
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.
Verizon’s innovative deal with infrastructure specialist Vertical Bridge promises accelerated 4G and 5G deployment in the US, showcasing a unique tower leasing model that fosters collaboration and transforms mobile tower management.
INWIT, an Italian infrastructure business, has announced the deployment of its first wooden mobile telecommunications tower, made entirely of sustainable materials, as part of a two-year environmental strategy. The tower is located northeast of Milan, next to a large park and a major motorway. The mobile tower’s construction is composed of glued laminated wood, entirely sustainable and circular material, an alternative to steel. The tower is 40 meters tall and has four walkways to position the antennas and radio connections of the hosting operators. The tower is located next to the Est delle Cave Park and will provide cellular network coverage in the region, as well as emergency telephone services, which are especially important for highway traffic on Milan’s A51 Tangenziale Est ring road, close to the tower. INWIT hopes to leverage the project to assist in restoring the park by applying the finest environmental and landscape…
