Axiata Group, a Malaysian telecommunications conglomerate, has announced the sale of its towers operations in Myanmar in a deal worth US$150 million with an undisclosed buyer. This decision reflects a growing trend among international telecom giants to exit Myanmar due to the country’s challenging economic and operational environment amidst ongoing civil conflict.
Verizon has inked a new deal with the US Department of Defense (DoD) to install a 5G tower on Oahu, Hawaii. The $1 million project aims to address the longstanding issue of poor connectivity in the area surrounding the Army and Air Force Exchange Service’s (Exchange) HMR Express.
In a landmark move, Zain Group, Ooredoo, and TASC Towers Holding have officially inked a definitive agreement to merge their tower assets, forming a colossal entity valued at $2.2 billion. This strategic collaboration, originating from talks initiated in July, consolidates a combined total of 30,000 towers spanning Qatar, Kuwait, Algeria, Tunisia, Iraq, and Jordan, establishing the largest tower company in the Middle East and North Africa.
Cellnex, the infrastructure titan, is considering the sale of tower assets in Austria and Ireland in a push to offload financial burdens and deepen roots in the European market. This shift in focus, triggered by last year’s UK Hutch deal completion, aims for organic growth, investment-grade rating, and debt management via strategic divestments. CEO Patuano hints future cash generation post 2027 and potential interest in bidding for Deutsche Telekom’s GD Towers business, crafting a more efficient operational blueprint.
Telefonica offers IoT, blockchain and AI technology to support start-ups in Spain, Germany and the UK Telefonica has launched its ‘Activation Programme’, a new initiative designed to help start-ups and SMEs in Spain, Germany and the United Kingdom to accelerate their business via IoT, blockchain and AI technologies. The global telecom giant said it will provide selected start-ups with access to its proprietary technology platforms free of charge for a period of six months. Irene Gomez, director of Connected Open Innovation at Telefonica, said, “Collaboration is more important than ever, which is why at Connected Open Innovation we want to help start-ups scale by giving them access to our technology platforms through the use of APIs, which are free, agile and simple.” Read more at https://tinyurl.com/y7n5f9cp T-Mobile customers can send RCS messages to Android users worldwide T-Mobile US, one of the largest providers of wireless voice and data communications services…
Globe Telecom, a major provider of telecommunications services in the Philippines, is seeking to increase the number of cell sites nationwide and is expanding its network of partner tower providers. The company has signed a memorandum of understanding (MOU) with Transcend Towers Infrastructure (Philippines), a wholly owned subsidiary of the global infrastructure firm American Tower Corporation (ATC), to build shared telecoms towers in the Philippines. Under the agreement, Transcend Towers will initially construct 150 new cell sites for Globe Telecom in North Luzon in support of the common tower initiative of the Department of Information and Communications Technology (DICT). The government’s common tower policy aims to free telecommunications providers from costly capital expenditures in setting up communication towers. According to DICT, it is targeting the building of at least 50000 new common towers across the country in the next seven to ten years. As stated by Rizza Maniego-Eala, Chief Finance Officer…
