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Telefonica sells 2,029 towers in Ecuador and Colombia to Phoenix Tower for EUR 290 million

2019-12-24 08:58:00| Telecompaper Headlines

(Telecompaper) Telefonica has continued its strategy of monetising infrastructure assets by selling 2,029 towers in Ecuador and Colombia to Phoenix Tower International (PTI) for around EUR 290 million. In total, Telefonica Ecuador sold 1,408 towers for EUR 202 million while Telefonica Colombia sold a further 621 towers for EUR 87 million, complementing other tower disposals executed earlier in the year.

Tags: eur million colombia phoenix

 

Iliad to sell off its tower infrastructure to Cellnex

2019-12-24 01:00:00| Total Telecom industry news

Iliad have announced that Cellnex will purchase the majority their tower businesses in France and Italy. Cellnex will acquire 70% of Iliad’s tower infrastructure in France and the entirety in Italy.  …read more on TotalTele.com »

Tags: to sell tower infrastructure

 
 

Orange presents 5-year strategy, plans to carve out tower assets into separate unit

2019-12-04 10:58:00| Telecompaper Headlines

(Telecompaper) Alonside France, Spain will be one of the first countries to implement TowerCos projects. As part of these plans, Orange is selling 1,500 Spanish mobile sites to Cellnex for EUR 260 million. 

Tags: plans unit separate strategy

 

AkzoNobel Powder Coatings Featured on Varso Tower

2019-11-27 16:08:00| Coatings World Breaking News

Due to be completed in 2021, Varso Tower will feature an observation deck on the 53rd floor.

Tags: featured tower powder coatings

 

L.A.s $1 Billion Trophy Tower Halted as China Pulls Back

2019-10-30 21:09:00| National Real Estate Investor

As its Chinese developer struggled with finding money to finish the project, the Oceanwide Plaza in Los Angeles is now in limbo.

Tags: back las china tower

 

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