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Vodafone formed a joint venture with a consortium of long-term infrastructure investors led by Global Infrastructure Partners (GIP) and KKR to hold and manage Vodafone’s 81.7% stake in Vantage Towers AG. Vodafone will contribute its shares in Vantage Towers into the JV by way of a capital increase against new JV shares. The Consortium will […]
Telenor is establishing a subsidiary that will own the passive fibre assets in Norway. This includes 130,000 km of cables, connecting upwards of 560,000 homes. The company’s assets will be transferred from Telenor Norway in a demerger process prior to completion of the transaction. Under the plan, Telenor will divest a 30% share in the […]
DigitalBridge Group and funds affiliated with Columbia Capital have formed Xenith Infrastructure Group, a new fiber platform serving hyperscalers, data center operators, carriers and enterprises in the Asia-Pacific region Xenith IG’s initial assets comprise conduit and fiber assets in Singapore and Hong Kong, which it acquired from Superloop. Xenith IG will be led by Clement […]
DigitalBridge Group appointed Tae E. Ahn as Managing Director and Head of Asia Capital Formation at DigitalBridge Investment Management. Based in Singapore, he will work alongside DigitalBridge’s existing team with a focus on capital formation, coinvestment and client relationship management across Asia-Pacific. Prior to joining DigitalBridge, he served as Senior Client Relationship Manager and Head […]
Construction is underway for Farice’s new IRIS Subsea Telecoms Cable System from Iceland to Galway, Ireland. Earlier this month, SubCom’s cable installation vessel the CS Durable landed the cable successfully at Thorlakshofn beach in Iceland. Subcom said deployment is expected to advance at approximately 20-200 km per day with a target burial depth of 1.5m […]
DigitalBridge Group agreed to acquire Switch, a leading colocation data center operator, for $34.25 per share in an all-cash transaction valued at approximately $11 billion, including the assumption of debt. Switch, which was founded in 2000, operates SuperNAP data center campuses in Las Vegas, Reno, and Grand Rapids, Michigan. The company touts its high-resiliecy and […]
AustralianSuper, which is the largest Australian superannuation and pension fund, and Singtel-owned Australia Tower Network (ATN) have agreed to acquire Axicom, one of Australia’s leading providers of telecommunications tower infrastructure, for A$3.58 billion. Axicom owns and operates approximately 2,000 telecommunication sites located in metro and outer-metro locations across all eight states and territories and major […]
DOCOMO plans to acquire part of JTOWER shares held by NTT Corporation and become a shareholder with 2.5% voting rights in the future. DOCOMO started using the JTOWER’s Infra-Sharing solution for its 4G network in 2016 and has expanded the use of the solution nationwide. From October 2020, DOCOMO started using 5G IBS at the […]
