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American Tower completes acquisition of Telxius Towers in Latin America

American Tower Corporation (ATC) has closed the Latin American tranche of its Telxius Towers acquisition, comprised of over 7,000 communications sites in Brazil, Peru, Chile and Argentina, the company said in a release. ATC said that the total value of the transaction amounted to approximately...

American Tower completes first tranche of Telxius acquisition

American Tower Corporation announced that it has closed the first tranche of the acquisition of Telxius Towers, comprised of nearly 20,000 communications sites in Germany and Spain, for total consideration of approximately 6.2 billion euros ($7.6 billion). In a release, ATC said that the closing...

Chunghwa Telecom targets 10,000 5G base stations by end-2021

Taiwanese operator Chunghwa Telecom expects to end 2021 with over 10,000 5G stations across Taiwan, the company’s president, Harrison Kuo, said during a conference call with investors. Kuo said that the operator is currently operating a total of 6,300 5G sites across Taiwan. “In the first...

American Tower to sell 30% of its European business to CDPQ

American Tower Corporation (ATC) and Caisse de dépôt et placement du Québec (CDPQ), a global investment group, announced that the latter will acquire a 30% stake in ATC Europe. ATC said that the transaction is valued at over 1.6 billion euros ($1.92 billion), implying an...

ATC invests in different areas to be ready for continued 5G rollouts: CEO

American Tower Corporation (ATC) has been investing in more efficient and scalable power solutions at many of the company’s sites to be ready for the requirements of U.S. carriers extending their 5G networks nationwide, the company’s President and CEO, Tom Bartlett, said during a...

Crown Castle ends Q1 with 40,000 towers: CEO

Crown Castle finished the first quarter of 2021 with 40,000 towers and approximately 80,000 small cells on-air or committed in backlog as well as 80,000 route miles of fiber concentrated in the top U.S. markets, the company’s CEO Jay Brown said during a conference...

Dish, American Tower ink lease agreement for up to 20,000 sites

American Tower and Dish Network Corporation have signed a master lease agreement through which the latter company may lease space on up to 20,000 American Tower communications sites. Through the deal, Dish will secure access to American Tower’s U.S. portfolio of communications sites as it...

5G deployments boost China Tower’s business in 2020

China Tower’s business last year was positively impacted by the accelerated deployment of 5G sites across China, the company said in its earnings release. During 2020, the company’s net profit grew 23.1% year-on-year to CNY6.4 billion ($980.2 million) while operating revenue increased 6.1% to CNY81.1...

Vodafone seeking $2.4 billion for Vantage Towers IPO

Vodafone has 82,000 macro sites across 10 European countries Vodafone is seeking to raise 2 billion euros ($2.4 billion) in an initial public offering of its European mobile-phone towers unit in Frankfurt, making it, according to Bloomberg, one of the biggest stock market listings seen in...

Dish inks seven new tower deals to boost its nationwide 5G effort

Dish has signed seven new tower deals to boost its nationwide 5G network infrastructure, the operator said in a release. Dish, which is in the process of constructing a cloud-native, Open RAN-based 5G wireless network, secured new tower agreements with Harmoni Towers, Mobilite, Parallel Infrastructure,...

Telefonica sells tower businesses in Europe, LatAm to American Tower

Spanish telecom operator Telefónica’s subsidiary Telxius Telecom has signed an agreement with American Tower Corporation (ATC) for the sale of its telecommunications towers businesses in Europe and Latin America. Telxius has telecommunications towers in Spain, Germany, Brazil, Peru, Chile and Argentina. Telefonica, which holds a 50.1%...

American Tower to add nearly 3,000 towers via InSite acquisition

  American Tower has agreed to acquire InSite Wireless Group, which owns, operates and manages approximately 3,000 communications sites, primarily in the U.S. and Canada. The portfolio includes more than 1,400 owned towers in the U.S., over 200 in Canada and approximately 70 distributed antenna system...

#TBT: Tower industry booms; Nokia rules the device world; After carrier consolidation, who’s left? … this week in 1998

Editor’s Note: RCR Wireless News goes all in for “Throwback Thursdays,” tapping into our archives to resuscitate the top headlines from the past. Fire up the time machine, put on the sepia-tinted shades, set the date for #TBT and enjoy the memories! Tower industry booms NEW...

Cellnex to purchase Polish towers from Iliad, previously owned by Play

The Cellnex deal hinges on the EC’s decision regarding the acquisition of Polish operator Play by Iliad Cellnex is further expanding its European footprint with an agreement with Iliad to acquire a 60% stake in a new company, which will operate 7,000 sites owned by...

China Tower’s business positively impacted by 5G acceleration in China

  China Tower’s business in the first three quarters of 2020 was positively impacted by the rapid deployment of 5G sites across China, the company said in its earnings release. The company said that a total of 345,000 5G sites had been constructed in China as...

Crown Castle to deploy 10,000 small cell nodes this year: CEO

  Crown Castle expects to deploy approximately 10,000 small cell nodes in 2020, the company's CEO Jay Brown said during a conference call with investors. “2019 was a terrific year, as we've successfully deployed approximately 10,000 small cell nodes,  making it the highest year of production...

Zain ends 2019 with 2,600 5G towers across Saudi Arabia

  Telecom operator Zain Saudi Arabia ended 2019 with a total of 2,600 5G towers across the country, the telco said in a release. Zain Saudi Arabia Vice-Chairman Bader Al Kharafi said that these 5G towers enabled the operator to offer commercial 5G services in 26...

Cellnex acquires 1,500 telecom sites from Orange in Spain

  Spanish wireless infrastructure operator Cellnex has reached an agreement with Orange Spain to acquire a portfolio of 1,500 telecommunications sites in the country, the former said in a release. Cellnex said that the acquisition of the towers and antennas, which are located in urban, suburban and...

American Tower sees different layers for 5G coverage in the U.S: CEO

  American Tower expects the deployment of 5G in the U.S. will have different approaches considering specific topographic and population characteristics, the company’s President and CEO James Taiclet said during a conference call with investors. “In our view, 5G will likely have a number of layers...

#TBT: T-Mo anticipates 600 MHz auction; Verizon balks at unlimited plans; LTE use on the rise … this week in 2013

  Editor’s Note: RCR Wireless News goes all in for “Throwback Thursdays,” tapping into our archives to resuscitate the top headlines from the past. Fire up the time machine, put on the sepia-tinted shades, set the date for #TBT and enjoy the memories! T-Mobile US talks...

Vodafone announces creation of Europe’s largest tower company

  The U.K.’s Vodafone Group has confirmed that it will create a separate business to house its tower infrastructure in Europe. Vodafone said the new entity, dubbed TowerCo, woill be the largest tower company in Europe. Its assets include 61,700 towers across ten markets, with 75%...

4G to be key driver of tower demand in the coming years: American Tower

  American Tower Corporation’s CEO talks about the role of mid-band spectrum deployments in supporting 5G American Tower expects 4G technology to be the main driver of tower demands in the coming years despite increasing momentum for 5G builds, the company's Chairman and CEO James Taiclet...

US firm KKR get green light to buy stake at Altice France’s tower business

  Altice France and KKR will form a new entity dubbed SFR TowerCo   The European Commission has approved a deal in which U.S. investment company Kohlberg Kravis Roberts will acquire a stake in European cable group Altice’s telecom towers business in France. In June, Altice Europe said...

Vodafone considers sale of tower assets in Europe to reduce debt: Report

  Vodafone Group currently operates 110,000 towers across its European footprint U.K.-based telecom group Vodafone is considering selling towers in order to help reduce the company’s debt, which currently totals 31 billion euros ($36.2 billion), its incoming CEO Nick Read said. At a Goldman Sachs investor conference,...