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Abertis acquires Wind's Italian tower asset for EUR 693 mln
2015-03-02 08:26:00| Telecompaper Headlines
(Telecompaper) Spanish infrastructure company Abertis has announced the acquisition of 90 percent of the shares of the mobile tower unit of Italian operator Wind for EUR 693 million. The Italian subsidiary of Russia's Vimpelcom will retain a ten percent stake in Galata, the unit it set up last month consisting of 7,377 towers plus employees and related contracts. Wind confirmed that the transaction is expected to close within the first quarter of 2015, and that proceeds from the sale will used by the operator to further reduce its debts. In addition, Wind will enter into a 15-year tower services agreement with Galata for the provision of a broad range of services on the mobile tower sites as well as on sites subsequently built by Galata hosting Wind equipment. Abertis outbid rival offers from Mediaset-controlled EI Towers, Italian investment fund F2i and American Tower to secure Wind's tower asset.
Eat'n Park to expand services into PNC tower
2015-02-27 06:45:36| Grocery - Topix.net
It's no Dean & DeLuca but a division of Eat'n Park will operate a convenience store featuring a limited selection of prepared foods and fresh produce in the new PNC tower Downtown. Gary Saulson, director of corporate real estate for PNC Financial Services Group, confirmed Thursday that Parkhurst Dining Services, part of Eat'n Park Hospitality, will run the store in the lobby of the 33-story Tower at PNC Plaza.
Tags: services
park
expand
tower
Why American Tower Corp Is a Buy, Even After Disappointing Earnings
2015-02-25 16:24:54| IT Services - Topix.net
The stock is back down to levels not seen since, well, Friday. Here's why I think that's a reasonable reaction to a mild analyst consensus miss, and why I'd be a buyer of American Tower right now if I hadn't already built a comfortable position .
What to Expect When American Tower (AMT) Reports Earnings Results on Tuesday
2015-02-23 18:42:44| IT Services - Topix.net
Analysts are expecting the owner, operator, and developer of wireless and broadcast communications real estate to post a year-over-year increase in earnings per share and revenue. For the most recent quarter American Tower has been forecast to report earnings of 51 cents per share on revenue of $1.05 billion.
Tags: results
american
reports
tuesday
ENERGOINVEST d.d. Sarajevo Achieves Time Reduction in Design Works Using AVEVA Bocad Tower
2015-02-23 11:30:53| Industrial Newsroom - All News for Today
Bosnia and Herzegovinas leading EPC uses AVEVAs advanced solution for steelwork modelling and fabrication to slash completion times on major Tower Design Works Cambridge, UK AVEVA announced today that ENERGOINVEST d.d. Sarajevo, a multi-disciplinary engineering company, has used AVEVA Bocad Tower to complete...
Tags: time
design
works
reduction
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