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.
Vodafone Group has strategically sold a 10% stake in Vantage Towers for 1.3 billion euros ($1.4 billion). This aligns with Vodafone’s targets to reduce net debt. Vantage Towers manages 84,600 tower sites, enhancing coverage with small cell systems. The divestment strengthens Vodafone’s financial health while prioritizing debt reduction over asset control.
Deutsche Bahn, Ericsson, O2 Telefónica, and Vantage Towers collaborate on the Gigabit Innovation Track project, securing €6.4 million to provide gigabit 5G speeds for German train passengers and explore resource-efficient implementation methods. The trial aims to deliver reliable 5G by 2024, potentially impacting global connectivity improvements.
Vantage Towers partners with Mowea Vantage Towers, a subsidiary of Vodafone, has formed a strategic alliance with the Berlin-based start-up Mowea to power towers with renewable energy. Vantage Towers plans to build 752 micro wind turbines on 52 towers in Germany, with a capacity of up to 650 MWh per year. Under typical wind conditions, the turbines can cut grid power usage and electricity operating expenses at each site by up to two-thirds or more. Installation of the Mowea’s micro wind turbines is planned for the second part of the year, assuming that all relevant licenses are obtained by then. Read more at: https://tinyurl.com/35zsph6v Nokia to defend IP Telecom against quantum cyber attacks Nokia has established a partnership with IP Telecom to expand the latter’s data center cloud connection infrastructure to Portuguese urban regions. Under the terms of the agreement, Nokia will create an encrypted optical data center interconnect (DCI)…
